Ben Is an Accountant Whose Clients Include Capital Inc

question 24

Multiple Choice

Ben is an accountant whose clients include Capital Inc. Under the Ultramares rule, if Ben is negligent in his work for Capital, he could be liable to the client and

• A)any third party.
• B)no third party with whom the accountant is not in privity or "near privity."
• C)third parties who are foreseen users of the work.
• D)third parties who are reasonably foreseeable users of the work.

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Definitions:

Explicitly

In a clear and detailed manner, leaving no room for confusion or doubt.

Meanings of Words

The definitions or interpretations attributed to words, which can vary depending on context.

Social Style

A person's characteristic way of interacting with others, influenced by personality and societal norms.

Analytical

Relating to or using analysis or logical reasoning to address a problem or evaluate data.