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Beth and Connie Do Business as Diamond Investments

Question 10

Multiple Choice

Beth and Connie do business as Diamond Investments. In acting on the firm's behalf, Beth makes an honest error in overestimating the value of a particular stock purchase. To her firm, Beth is


A) ​liable for breach of the duty of care.
B) ​liable for breach of the duty of accounting.
C) ​liable for breach of the duty of loyalty.
D) ​not liable.

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