Which of the following is correct with regard to an accountant's contractual liability?

A) An accountant is bound to perform all the duties she explicitly agrees to perform.
B) An accountant implicitly agrees to perform a contract in a competent and professional manner.
C) An accountant who breaches his contract with a client may also be liable to a third party intended beneficiary.
D) All of these are correct.

Contractual Liability

The legal obligation arising from a contract that requires a party to compensate for any losses or damages incurred.

Competent and Professional

Refers to possessing the required skills, knowledge, and ethical standards expected in a professional setting.

Third Party Intended Beneficiary

A person or entity that, while not a party to a contract, is intended by the contracting parties to benefit from its performance.