Kay and Lee performed an audit required for Holligan Industries to extend a loan with Second National Bank & Trust. Kay and Lee may be liable for:
A) Second National Bank & Trust declining to extend the loan
B) Ordinary negligence to Second National Bank & Trust
C) Ordinary negligence to unknown bank that provided additional funds to Holligan
D) Holligan declaring bankruptcy without a going-concern emphasis of matter
Correct Answer:
Verified
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