A consulting engineer incorrectly reports that a particular property is free from soil contamination.Several years later,the property is purchased by Jones.Later,the soil contamination is discovered and the property is substantially decreased in value.Which of the following is the most likely result of the engineer's erroneous reports?
A) The consulting engineer is probably liable for breach of contract.
B) The consulting engineer is, due to passage of time, safe from liability.
C) The consulting engineer is probably liable for breach of fiduciary duty.
D) The consulting engineer is probably liable for breach of confidentiality.
Correct Answer:
Verified
Q1: A fiduciary is required to act primarily
Q2: Valdyn,Jacob,and Bob have just finished a review
Q4: Following his accounting firm's audit team being
Q5: If ImaBigPharma Inc.links the fees for the
Q7: A lawyer met with several members of
Q8: A banker was asked for an opinion
Q9: Roslyn's company has retained Sheps & Shaps
Q10: A professional service contract should provide for
Q11: Regardless of the type of professional service
Q19: Why must an auditor act independently of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents