In view of the reliance of numerous parties on the opinions of auditors, many courts have ceased to hold accountants liable to third parties for negligence.
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Q3: Despite a professional's breach of contract, the
Q4: In some states, a party can recover
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Q6: To hold a professional liable for negligence,
Q7: An auditor who accepts a client's explanation
Q9: An accountant who fails to perform for
Q10: A professional can be held liable for
Q11: In some states, in the absence of
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Q13: Professionals are faced with a decreasing threat
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