Problem

The landmark case that stated criteria for auditors’ liability to third parties for gross...

The landmark case that stated criteria for auditors’ liability to third parties for gross negligence or fraud, but not ordinary negligence, was

A. Smith v. London Assurance Corp.

B. Ultramares Corp. v. Touche.

C. 1136 Tenants’ Corp. v. Max Rothenberg & Co.

D. McKesson & Robbins Inc.

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