An auditor can be construed to act negligently if he or she fails to follow GAAS requirements and the actions result in harm to others or their property.
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Q5: The common law concept of liability is
Q6: The statutory law concept of liability is
Q7: Contingent-fee compensation for lawyers protects the privileged
Q8: Plaintiffs who sue auditors almost always allege
Q9: In common law litigation against auditors,third parties
Q11: Audit reports accompanying a financial statement serve
Q12: Common law is written law established by
Q13: Ordinary negligence is often referred to as
Q14: The concept of auditor's liability is based
Q15: Class-action suits are designed to give plaintiffs
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