An Accountant Who Commits Fraud May Be Held Liable for Compensatory,but

question 46

True/False

An accountant who commits fraud may be held liable for compensatory,but not punitive,damages.

---

Definitions:

Offer

A proposal presented by one party to another with the intention of entering into a legally binding agreement.

Notification

The act or process of officially informing someone about something.

Unreasonable Means

Methods or tactics that are considered excessive, unjust, or not in accordance with logic or reason, often used in legal contexts to describe actions that go beyond what is fair or appropriate.

Acceptance

In the context of contract law, when the terms of an offer are accepted, it leads to the formation of a contract that is enforceable by law.