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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 385
From the auditors' point of view, which of the following is a preferable provision for imposition of civil liability in a lawsuit for financial damages?
A) Joint and several liability.
B) Reasonably foreseeable users' approach to privity.
C) Foreseen third parties' approach to privity.
D) Proportionate liability.
A) Joint and several liability.
B) Reasonably foreseeable users' approach to privity.
C) Foreseen third parties' approach to privity.
D) Proportionate liability.
Explanation
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Proportionate liability is the liability...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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