If an Accountant Engages in Actual or Constructive Fraud,a Third

question 46

True/False

If an accountant engages in actual or constructive fraud,a third party that relies on the accountant's fraud and is injured thereby may bring a tort action against the accountant to recover damages.

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Definitions:

Disappoints

The feeling of sadness or dissatisfaction that arises when expectations or hopes are not met.

Attachment Theory

A psychological theory that explains how individuals form emotional bonds with others, affecting their personal development and relationships.

Vulnerable Child

A child who is in need of special care, support, or protection because of age, disability, or risk of abuse or neglect.

Arousal

A physiological and psychological state of being awake or reactive to stimuli, often associated with sexual readiness.