Which of the following statements is true of liability to third persons?
A. Contract law has been widely used by third persons suffering damages as a result of an accountant's breach in the absence of special circumstances.
B. At common law, recovery by a creditor was not permitted on the theory that the creditor was a third-party beneficiary of the contract employing the accountant.
C. Historically, third-party suits against accountants were generally permitted by the privity doctrine.
D. Common law required showing that the accountant was aware that the audit was ordered to satisfy the demand of a creditor or prospective creditor.
Answer: D
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