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A Bank Sues an Auditor After Having Lost a Significant

Question 93

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A bank sues an auditor after having lost a significant amount of money from a loan granted to a client based on the financial statements that contained a material error.The source of the legal liability is

A bank sues an auditor after having lost a significant amount of money from a loan granted to a client based on the financial statements that contained a material error.The source of the legal liability is


A) known third party liability.
B) client liability.
C) liability under provincial securities law.
D) criminal liability.

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