Matthew decides to invest in the stock of a television production company after he reads Edgar's audit, which includes a known falsity as to the value of numerous worthless securities held as corporate assets. If Matthew sues Edgar, he will be entitled to:
a. nothing, in a majority of states, since the class of foreseen users of the audit contract does not include potential investors and the general public.
b. compensatory damages, in a majority of states, if he is a foreseen user of the audit.
c. nominal damages only.
d. rescission of his purchase contract.
a
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________ is the computer-to-computer exchange of business documents from the retailer to the vendor, and vendor to retailer.
A. Collaborative planning, forecasting, and replenishment (CPFR) B. Point of sale (POS) C. Electronic data interchange (EDI) system D. Automated replenishment system E. Universal Product Code (UPC) system
In a just-in-time environment, managing the production process focuses on
a. total processing time per unit. b. allocating overhead more accurately. c. reducing inventories. d. units produced per direct labor hour.
The transaction approach to determining income is a concept in which
a. income is measured as the amount that an entity could consume during a period and be as well off at the end of that period as it was at the beginning. b. the financial statement effects of business events are classified as revenues, gains, expenses, and losses, which are used to measure and define income. c. market values adjusted for the effects of inflation or deflation are used to calculate income. d. income equals the change in market value of the firm's outstanding common stock for the period.
The best way to evaluate the success of your communication is through ________
Fill in the blank(s) with correct word