An Accountant Who Is Being Sued by a Third Person

Multiple Choice

An accountant who is being sued by a third person for malpractice based on fraud will be able to avoid liability if the accountant can show:

A) contributory negligence on the part of the plaintiff.
B) that an exculpatory clause applies.
C) that the plaintiff did not rely on the false statement.
D) the absence of privity of contract.