Use the Fact Situation Above to Answer the Question

question 6

Multiple Choice

Use the fact situation above to answer the question. In this situation,if the value of the company increases substantially so that Carol makes money on her investment

• A)Carol will still suffer damages,but will only have an action against the accountant.
• B)Carol will still suffer damages,but will only have an action against Henry.
• C)Carol will still suffer damages,but will only have an action against the bank.
• D)Carol will still suffer damages and have an action against the accountant and the bank.
• E)Carol has suffered no damages and has no action at all.

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Definitions:

Ethics

A system of moral principles that govern the conduct of an individual or group.

Specific Goals

Clearly defined, targeted objectives that an individual or organization aims to achieve within a specific timeframe.

Overstate Productivity

To exaggerate or claim a higher level of efficiency and output than is actually the case.

Deserved Reward

A benefit or recognition that is appropriately given in recognition of someone's efforts, achievements, or qualifications.