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Use the Fact Situation Above to Answer the Question

Question 18

Multiple Choice

Use the fact situation above to answer the question. In this situation,if the value of the company increases substantially so that Carol makes money on her investment


A) Carol will still suffer damages,but will only have an action against the accountant.
B) Carol will still suffer damages,but will only have an action against Henry.
C) Carol will still suffer damages,but will only have an action against the bank.
D) Carol will still suffer damages and have an action against the accountant and the bank.
E) Carol has suffered no damages and has no action at all.

Correct Answer:

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