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Sally Prepared Financial Statements for MegaCorp Knowing That the Company

Question 16

Multiple Choice

Sally prepared financial statements for MegaCorp knowing that the company would be using her statements when applying for a loan at Big Bank.It is discovered she was negligent in preparing the statements and Big Bank sued her.Sally is liable under the


A) Ultramares doctrine.
B) foreseeable doctrine.
C) Restatement doctrine.
D) All the above.

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