A Claim for a Breach of Duty of Care Might

Multiple Choice

A claim for a breach of duty of care might arise against an auditor if:

A) an existing shareholder suffered losses because he increased his investment in the company based on figures in the audited financial report.
B) a bank made a loss due to a loan made to the company based on figures in an audited financial report commissioned by the bank.
C) a new investor suffered losses because she purchased shares in the company based on figures in the annual audited financial report.
D) a finance company made a loss due to a loan made to the entity based on figures in an audited financial report commissioned by the entity.