The shareholders of a bank sue Joe Bush,CPA,for malpractice due to an audit failure that preceded the insolvency of the bank.The jury determines that Bush is 20 percent at fault and the bank management is 80 percent at fault.Bush is fully insured.Under joint and several liability,Bush will pay which of the following?
A) between 20 percent and 100 percent of the damages.
B) 100 percent of the damages.
C) 50 percent of the damages.
D) 80 percent of the damages.
Correct Answer:
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