A CA May Be Liable to Any Purchaser of a Security

A CA may be liable to any purchaser of a security if the CA issued a clean opinion on materially misstated financial statements.CA usually will not be liable to the purchaser

A) If the purchaser is guilty of contributory negligence.
B) If the CA can prove due care in the audit.
C) Unless the purchaser can prove privity with the CA.
D) Unless the purchaser can prove scienter on the part of the CA.