42.10 Video Question. Go to this text’s Web site at www. cengage.com/blaw/blt and select “Chapter 42.” Click on “Video Questions” and view the video titled Accountant’s Liability. Then answer the following questions. 1 Should Ray prepare a financial statement that values a list of assets provided by the advertising firm without verifying that the firm actually owns these assets? 2 Discuss whether Ray is in privity with the company interested in buying Laura’s advertising firm. 3 Under the Ultramares rule, to whom does Ray owe a duty? 4 Assume that Laura did not tell Ray that she intended to give the financial statement to the potential acquirer. Would this fact change Ray’s liability under the Ultramares rule? Explain.