Assume That $800,000 in Damages Are Awarded to a Plaintiff,and

question 50

Multiple Choice

Assume that $800,000 in damages are awarded to a plaintiff,and the CPA's percentage of responsibility established at 20%,while others are responsible for the other 80%.Assume the others have no financial resources.As a result the CPA has been required to pay the entire $800,000.The auditor's liability is most likely based upon which approach to assessing liability?

• A)Absolute liability.
• B)Contributory negligence.
• C)Joint and several liability.
• D)Proportional liability.

---

Definitions:

Auteur Theory

A film criticism concept that posits the director's personal vision, style, and creative control over a movie as equivalent to an author's control over a book.

Critical Success

Recognition for achieving a high level of quality or excellence, particularly in artistic or academic fields.

Gangster Mythos

Denotes the cultural and narrative conventions that romanticize and mythologize the lives of criminals and gangsters, particularly within media and literature.

American Dream

The ideal that every US citizen should have an equal opportunity to achieve success and prosperity through hard work, determination, and initiative.