In Which of the Following Ways Can an Accountant Defeat

Multiple Choice

In which of the following ways can an accountant defeat the imposition of liability under Section 18(a) ?

A) if he or she can show that the misleading statement was made to protect the company from bankruptcy
B) if he or she had acted out of recklessness
C) if he or she was an employee to the plaintiff
D) if he or she can show that the plaintiff had knowledge of the false statement