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:
Verified
Q13: A misrepresentation is
A)a false assertion of fact
Q14: Negligent misrepresentation is
A)a defamatory statement.
B)a statement that
Q15: Alice Walters is a patient of Dr.John
Q16: A professional is
A)a person who is licensed
Q17: Damages for breach of fiduciary duty is
Q19: Where a professional undertakes a task that
Q20: A fiduciary duty exists between a professional
Q21: Like any other standard of care,the standard
Q22: If a fiduciary duty exists,the law imposes
Q23: If a client sues a professional for
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