A client may recover tort damages from an accountant for fraud and gross negligence,but not for ordinary negligence.
Correct Answer:
Verified
Q5: A disclaimer that protects an accountant from
Q7: When an accountant fails to complete a
Q8: Malpractice is both a form of negligence
Q9: In order to be valid,an accountant's disclaimer
Q10: An accountant may be liable for malpractice
Q12: Under the "known-user" rule,it is sufficient if
Q13: An accountant may be liable for damages
Q13: Breach of contract remedies are available to
Q15: What constitutes negligence is the same for
Q16: When the privity rule is applied, a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents