The defense of contributory negligence by a third party is often used by auditors if charged with a violation of the 1934 Securities Act.

Name: The defense of contributory negligence by a third party is often used by auditors if charged with a violation of the 1934 Securities Act.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

The defense of contributory negligence by a third party is not applicable in securities law violations. However, auditors may use other defenses such as lack of knowledge or reliance on management representations.

The Defense of Contributory Negligence by a Third Party Is