Zander decides to invest in the stock of Wolf Enterprises after he reads Edgar's audit, which includes a statement, known by Edgar to be false, as to the value of numerous worthless securities held as corporate assets. If Zander sues Edgar in a state using the broadest test for determining an accountant's liability for negligence to third parties, he will be entitled to:
A) nothing, since he is an incidental beneficiary of the audit contract.
B) damages if he is a reasonably foreseeable plaintiff.
C) have Edgar complete a new audit.
D) rescission of his purchase contract.
B
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Most negotiators believe that power is important because it gives one negotiator an ________ over the other party.
Fill in the blank(s) with the appropriate word(s).
A marketing plan created for an end-user most likely addresses:
A. the business proposition. B. the features, advantages, and benefits of the product. C. how a reseller will sell the product once purchased. D. how the product can be used. E. forecasted profit and ROI.
Optimal capital structure is the capital structure at which the weighted average cost of capital is minimized, thereby maximizing a firm's value
Indicate whether the statement is true or false
Trade discounts are offered ________ and cash discounts are offered ________
A) to speed up collection of credit accounts; to speed up collection of trade accounts B) to speed up collection of credit sales; for specific services performed for the vendor C) for specific services performed by credit customers; for specific services performed by cash customers D) for specific services performed for the vendor; to speed up collection of credit sales