The Case of Hercules Management Ltd

Multiple Choice

The case of Hercules Management Ltd.v.Ernst and Young (1997) makes the following contribution to the law regarding professional liability of accountants at Common Law:

A) Accountants do not have a duty of care to the corporation.
B) Accountants do not have a duty of care to the directors.
C) Accountants do not have a duty of care to the shareholders.
D) Accountants do not have a duty of care to the creditors
E) Accountants have a duty of care to the corporation,directors,shareholders and creditors.