Assume That $500,000 in Damages Are Awarded to a Plaintiff

question 50

Multiple Choice

Assume that $500,000 in damages are awarded to a plaintiff, and the CPA's percentage of responsibility established at 10%, while others are responsible for the other 90%. Assume the others have no financial resources. The CPA has been required to pay $50,000. 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:

Conscious Awareness

The state of being aware of one's thoughts, memories, feelings, and surroundings at any given moment.

Sense Of Identity

An individual's understanding and perception of themselves, including their beliefs, values, and physical characteristics.

Depersonalization/Derealization Disorder

A dissociative disorder characterized by recurring experiences of depersonalization, derealization, or both, disrupting a sense of self and reality.

Detached From Himself

A feeling or state in which an individual feels disengaged or disconnected from their own thoughts, feelings, or sense of identity.