In Segenhoe Ltd, the company claimed that the auditors' negligence caused them to pay a dividend out of capital. What was the outcome of this case?
A) the auditors were found to be liable for the dividends.
B) the company lost as there was no causal relationship.
C) the company was found to have contributed to the negligence.
D) the shareholders were ordered to return the dividends.
Correct Answer:
Verified
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