The Restatement (Second) of Torts extends the auditor's liability for ordinary negligence to a specific but unlimited group of users for whose benefit the auditor intends to supply the information.
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Q5: When using the due care defense in
Q6: The Private Securities Litigation Reform Act of
Q7: Under the 1933 Securities Act, the burden
Q8: Criminal indictments may be brought against auditors
Q9: In tort actions, the primary defenses available
Q11: Lawsuits against auditors under the 1934 Act
Q12: An accountant may be held liable to
Q13: In most states, contributory negligence is a
Q14: The 1136 Tenants case showed that the
Q15: An auditor would be guilty of gross
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