despite a professional's breach of contract, the non-breaching client cannot obtain, as damages, the cost of penalties for failing to meet deadlines

T/F

in some states, a party can recover from an accountant for negligence only outside an accountant-client relationship

T/F

auto company's liabilities exceeds its assets. the firm hires bass, an accountant, to prepare a balance sheet. through negligent omissions, the sheet shows a net worth. credit bank relies on the document to make a loan to auto. when the firm defaults, the bank files a suit against bass. under the restatement third of torts bass is most likely

A. liable because the accountant owed a duty to the client

B. liable because the accountant owed a duty to any foreseeable user

C. liable if the accountant knew the bank would rely on the balance sheet

D. not liable because the accountant and the bank were not in privity