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

question 18

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.The CPA has been required to pay $160,000.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.

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Definitions:

Excess Blood

A condition where there is more blood in the body or a part of the body than what is considered normal or healthy.

Bone Tissue

A hard, dense connective tissue that forms the structural elements of the skeleton, providing support, protection, and aiding in movement.

Erythropoietin

A hormone produced by the kidneys that stimulates the production of red blood cells in response to low levels of oxygen in the bloodstream.

Red Blood Cell

A type of blood cell responsible for carrying oxygen from the lungs to the rest of the body.