Which of the following legislations can a state adopt in determining whether an accountant is liable in negligence to third parties?
A) Section 2(b) of the Robinson-Patman Act
B) Section 5 of the Federal Trade Commission
C) Section 552 of the Restatement (Second) of Torts
D) Section 16 of the Clayton Act

Question

Quizplus · Accepted Answer

Section 552 of the Restatement (Second) of Torts provides guidance on the liability of professionals, including accountants, for negligence to third parties. The other listed legislations are not relevant to this issue in accounting.

Which of the Following Legislations Can a State Adopt in Determining