The landmark case that initially defined the liability of accountants to third parties was Supramares Corporation v.Goldman Sachs.
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Q28: Constructive fraud is defined as intentional misrepresentation
Q29: Compliance with GAAPs and GAASs automatically relieve
Q30: If an audit turns up a suspicious
Q31: Actual fraud occurs when an accountant acts
Q32: When an accountant performs his or her
Q34: The Ultramares doctrine is the majority rule
Q35: There are three (3)major rule of liability
Q36: Either privity of contract or a privity-like
Q37: In a limited liability partnership,a limited partner
Q38: In Ultramares Corporation v.Touche,the United States Supreme
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