Wurst & Wurst Is the Accounting Firm That Has Been

question 44

Essay

Wurst & Wurst is the accounting firm that has been used by the Intercontinental Bank for over twenty years.Ben approached Alfred,a Wurst partner,at a cocktail party.Ben asked about the Bank's stability.Although Alfred knew that the bank's stock was overvalued because of some loans to third world countries,he felt a considerable amount of loyalty to the bank for being a good customer of his accounting firm.Alfred told Ben that Wurst had just finished an audit of the bank,and that the bank was as sound as the Rock of Gibraltar.The next day Ben bought 1,000 shares of Intercontinental.One month later,the bank's losses became the subject of a major financial scandal.Ben is angry and wants to sue.Does Ben have a case?

---

Definitions:

Mucous Membranes

Moist tissue lining several parts of the body such as the nose, mouth, throat, and lungs, that secrete mucus.

Polyps

Abnormal growths of tissue that protrude from mucous membranes, commonly found in the colon, nose, or uterus.

Cervix

The lower part of the uterus in the female reproductive system, connecting the uterus to the vagina.

Endometrium

The innermost layer of the uterus. It undergoes significant changes during the menstrual cycle.