The Caparo Industries Case Was One of the Defining Cases

The Caparo Industries case was one of the defining cases regarding auditor liability in the 1980s. The case went as far as the House of Lords. What did the Lords conclude the primary purpose of an annual financial statement was? ?

A) To enable potential investors to decide whether or not to invest in the company.
B) To enable those with a proprietorial interest to exercise their rights.
C) To provide information to a wide range of stakeholders to allow them to make decisions about the allocation of their scarce resources.
D) To support management decision making.