question archive Under the Ultramares Doctrine, an accountant is liable only to those with who the accountant is in privity of contract or a privity-like relationship

Under the Ultramares Doctrine, an accountant is liable only to those with who the accountant is in privity of contract or a privity-like relationship

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Under the Ultramares Doctrine, an accountant is liable only to those with who the accountant is in privity of contract or a privity-like relationship. True False

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Ultramares doctrine will be advocating that the accountant is liable only for the negligence to the third party who are in privity of contract of privity like relationship with the accountant.

The given statement is TRUE.