Under the "Ultramarines" doctrine, to which of the following parties will an accountant be liable for negligence? 

A) Parties in privity and foreseen parties. 

B) Parties in privity but not foreseen parties. 

C) Foreseen parties but not parties in privity. 

D) Neither foreseen parties nor parties in privity. 

What is the correct answer? Why is it the correct answer? Why are the other choices incorrect

Answer rating: 100% (QA)

B parties in privity but not forseen parties Reason The Ultramares Case was the case which re... View the full answer