Crane,Chandler & Christmas & Co (CCE)is a Firm of Accountants

Crane,Chandler & Christmas & Co (CCE) is a firm of accountants.CCE strongly recommended to Baxter,who was a possible client,that he should re- structure his finances by taking out a foreign loan in French francs.Baxter followed their advice and lost a large sum of money.He now knows CCE had no expertise in foreign loans and had not carried out appropriate research.CCE argue they are not liable because they gave their advice for free.It is very likely that:

A) CCE is liable for tort of conversion.
B) CCE is not liable because it is an accountancy firm and does not specialise in foreign investment advice.
C) CCE is liable for negligent misstatement.
D) CCE is not liable because Baxter did not provide any consideration for their advice.