Which of the Following Statements Extracted from a Client's Lawyer's

question 13

Multiple Choice

Which of the following statements extracted from a client's lawyer's letter concerning litigation,claims,and assessments most likely would cause the auditor to request clarification?

• A) "I believe that the possible liability to the company is nominal in amount."
• B) "I believe that the action can be settled for less than the damages claimed."
• C) "I believe that the plaintiff's case against the company is without merit."
• D) "I believe that the company will be able to defend this action successfully."

---

Definitions:

Reality

The sum or aggregate of all that is real or existent within a system, as opposed to that which is only imaginary.

Social Process

Refers to the patterns of growth, change, interaction, and adaptation in societies and social institutions over time.

Intra-cranial

Referring to something occurring within the skull.

Pragmatists

Philosophers or thinkers who focus on practical consequences and applications of ideas to problems, valuing action over doctrine.