Judgment
Cardozo, C.J., held that the claim in negligence failed on the ground that the auditors owed the plaintiff no duty of care, there being no sufficiently proximate relationship. He said no,
"to a liability in an indeterminate amount for an indeterminate time to an indeterminate class."
A requirement of privity, not of contract but of relationship, was laid down.
Read more about this topic: Ultramares Corporation V. Touche
Famous quotes containing the word judgment:
“In the case of our main stock of well-worn predicates, I submit that the judgment of projectibility has derived from the habitual projection, rather than the habitual projection from the judgment of projectibility. The reason why only the right predicates happen so luckily to have become well entrenched is just that the well entrenched predicates have thereby become the right ones.”
—Nelson Goodman (b. 1906)
“Let the trumpet of the day of judgment sound when it will, I shall appear with this book in my hand before the Sovereign Judge, and cry with a loud voice, This is my work, there were my thoughts, and thus was I. I have freely told both the good and the bad, have hid nothing wicked, added nothing good.”
—Jean-Jacques Rousseau (1712–1778)
“For why should my liberty be subject to the judgment of someone else’s conscience?”
—Bible: New Testament, 1 Corinthians 10:29.
Paul. His belief is that, out of charity, one should not offend the conscience of another.