An Accountant Guilty of Malpractice Can Be Sued: ______

question 13

Multiple Choice

An accountant guilty of malpractice can be sued: ______.

• A) for breach of contract only.
• B) for negligence only.
• C) for breach of contract or for tort liability.
• D) in federal court only if the suit is brought by a third person.

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Definitions:

Ratifies

To formally confirm or approve an agreement or treaty, making it officially valid.

Age Of Majority

The legally recognized age at which an individual is considered an adult and capable of making decisions and entering into contracts without parental consent.

Reasonable Period

Refers to a time frame that is considered fair and appropriate under the circumstances to perform a certain task or fulfill an obligation.

Disaffirm Contracts

The legal ability of one party, often a minor or someone not fully competent, to declare a contract void and release themselves from any contractual obligations.