Under common law, a CPA may be liable to a client. a. Explain the meaning and importance

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Under common law, a CPA may be liable to a client.

a. Explain the meaning and importance of the term privity of contract.

b. How may an auditor breach a contract?

c. What cause ordinarily underlies a breach of contract suit?

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Modern Auditing

ISBN: 9780471542834

5th Edition

Authors: Walter Gerry Kell, William C. Boynton, Richard E. Ziegler

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Question Posted: May 06, 2024 03:54 AM

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Under common law, a CPA may be liable to a client. a. Explain the meaning and importance

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a Privity of contract refers to the legal relationship that exists between parties to a contract It means that the parties to a contract have direct o...View the full answer

Modern Auditing

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