Fact Pattern 14-3AFlip, an accountant, certifies an audit for Erstwhile Corporation, Flip's client, knowing that Erstwhile will use the audit to obtain a loan from Deepwater Bank. Flip believes that the audit is true and does not intend to deceive the bank, but does not check the audit before certifying it.Refer to Fact Pattern 14-3A. Under these circumstances, Deepwater's best course of action is most likely to
A. exert economic duress on Flip to retire from accounting.
B. rescind the loan on the ground of unconscionability.
C. recover damages from Flip for any loss on the loan.
D. undercut Flip's career with negative puffery.
Answer: C
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