
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 574
When a client sues an accountant for failure to perform consulting work properly, the accountants' best defense is probably based on the doctrine of
A) Lack of privity of contract.
B) Contributory negligence on the part of the client.
C) Lack of any measurable dollar amount of damages.
D) No negligence on the part of the consultant.
A) Lack of privity of contract.
B) Contributory negligence on the part of the client.
C) Lack of any measurable dollar amount of damages.
D) No negligence on the part of the consultant.
Explanation
• There is a privity relationship betwee...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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