Copper Piping Company's liabilities exceed its assets, but its books falsely reflect a positive net worth. Copper hires Dart & Dash, an accounting firm, to prepare a balance sheet, which is certified to show a net worth. Equity Bank relies on the balance sheet to make a loan to Copper. Copper defaults on the loan. Under the Ultramares rule, Dart & Dash is most likely not liable because the
firm?
A) did not owe a duty of care to any third party.
B) is not responsible Copper's false books.
C) finished its work before Copper's loan and default.
D) was not in privity with Equity.
D
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