An Accountant Can Defeat the Imposition of Liability Under Section

question 100

Multiple Choice

An accountant can defeat the imposition of liability under Section 18(a) if the accountant ________.

• A) can show that the misleading statement was made to protect the company from bankruptcy
• B) can show that he acted negligently
• C) was an employee of the plaintiff
• D) can show that the plaintiff had knowledge of the False statement

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Definitions:

HRM Association

An organization or group that focuses on the professional practices and development of human resource management, providing resources, advocacy, and networking opportunities for HR professionals.

Education and Information Services

These are services dedicated to providing educational resources and information to individuals or communities, often focusing on learning support, research, and access to educational materials.

Mutually Beneficial Relationships

Relationships that provide benefits to all parties involved, fostering positive outcomes and cooperation between individuals or entities.

Internal Management

The process of overseeing and guiding a company's operations, strategies, and employees from within the organization.