Solved

Sally Prepared Financial Statements for MegaCorp Knowing That the Company

Question 13

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 sues her.Sally is liable under the


A) Ultramares doctrine.
B) Foreseeable doctrine.
C) Restatement doctrine.
D) All of these are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions