Legal Liabilities of Professional Accountants Arise Only from Lawsuits Brought

question 39

True/False

Legal liabilities of professional accountants arise only from lawsuits brought on the basis of the law of contracts.

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Definitions:

FTP

File Transfer Protocol, a standard network protocol used to transfer files from one host to another over a TCP-based network, such as the Internet.

IPv6

Internet Protocol version 6, the most recent version of the Internet Protocol (IP), designed to address the limitations of IPv4, including a much larger pool of IP addresses.

Multipurpose Internet Mail Extensions

A standard that extends the format of email messages to support text in various character sets, and attachments of audio, video, images, and application programs.

Packet Switching

A communications methodology that makes computer communication efficient by breaking up data into smaller chunks called packets.