Joan Talked to the Owners of Fancy Clothing Limited Before

Joan talked to the owners of Fancy Clothing Limited before investing.She obtained a copy of their financial statements and saw that profits were low,even considering the fact that the owners had not taken any money for themselves in the current year.However,she decided to invest in the company because she believed her superior knowledge of the clothing industry would turn the business around,resulting in enough profits for all owners.Unfortunately,this did not occur and the company went bankrupt.Joan is suing the auditors because she relied upon the financial statements during her investment decision.What is the auditor's best defence?

A) absence of misstatement
B) contributory negligence
C) non-negligent performance
D) duty of care