Doug, an Accountant, Prepares for Econo Enterprise, Inc

Multiple Choice

Doug, an accountant, prepares for Econo Enterprise, Inc., a financial statement that omits a material fact. The statement is included in Econo's registration statement with the Securities and Exchange Commission. Felicia, who relies the statement, and Graham, who does not, each buy Econo stock. Under Section 11 of the Securities Act of 1933, Doug may be liable to​

A) ​no one.
B) ​Felicia only.
C) ​Felicia and Graham.
D) ​Graham only.