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In the Case of a Negligently Prepared Audit,a Reasonably Foreseeable

question 6

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In the case of a negligently prepared audit,a reasonably foreseeable use and reliance by a number of individual third parties establishes that the professional's duty of care exists.By applying the judiciary's imposed policy considerations at the second step of the test,the court is able to shield the professional from liability by limiting the use of the audit to its statutory purpose.


Definitions:

Genes

The basic physical and functional units of heredity, made up of DNA, that determine the characteristics and traits passed from parents to offspring.

Sociological Model

is an approach that examines individuals, societies, and their interactions from a sociological perspective, focusing on cultural, social, and economic factors.

Deviance

Behaviors or actions that violate social norms, including formally-enacted rules as well as informal violations of social norms.

Social Construction

A concept or perception of an objective reality created through social or cultural consensus rather than existing inherently.

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