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Business, 20.08.2019 18:20 dvnive

Hark, cpa, negligently failed to follow generally accepted auditing standards in auditing long corporation's financial statements. long's president told hark that the audited financial statements would be submitted to several, at this point undetermined, banks to obtain financing. relying on the statements, third bank gave long a loan. long defaulted on the loan. in jurisdiction applying the ultramares decision, if third sues hark, hark will:

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Hark, cpa, negligently failed to follow generally accepted auditing standards in auditing long corpo...
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