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An Exculpatory Clause Most Likely Would Be Held to Limit

Question 47

Multiple Choice

An exculpatory clause most likely would be held to limit or disclaim liability for malpractice: ______.


A) in an action based on fraud.
B) in a suit brought by a third person.
C) when the accountant can reasonably be expected to stand behind the information in question.
D) when the clause is conspicuous, unambiguous, and clear.

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