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    Exam 40: Accountants' Duties and Liability
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    Privity of Contract Is Irrelevant in Lawsuits Based on Section
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Privity of Contract Is Irrelevant in Lawsuits Based on Section

Question 9

Question 9

True/False

Privity of contract is irrelevant in lawsuits based on Section 10(b)and Rule 10b-5 of the Securities Exchange Act of 1934.

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