Misrepresentation: ______.
A) is the same as fraud.
B) is a false statement of fact made with the intent to deceive.
C) is a false statement of fact made without any intent to deceive.
D) can be used as a limitation to excuse an accountant from liability.
Correct Answer:
Verified
Q16: When the privity rule is applied, a
Q17: An accountant cannot be held liable for
Q18: Disclaimers are not enforceable unless they are
Q19: A disclaimer based on lack of knowledge
Q20: In some states, exculpatory clauses cannot protect
Q22: An exculpatory clause most likely would be
Q23: Under the known user rule: _.
A) the
Q24: The statute of limitations in a breach
Q25: In contrast to contributory negligence principles, comparative
Q26: Courts generally impose liability on the accountant
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