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2. Under rules of professional conduct, a lawyer should not engage in conduct involving dishonesty. T/F? 3. Damages payable to a client on a professionals

2. Under rules of professional conduct, a lawyer should not engage in conduct involving dishonesty. T/F?

3. Damages payable to a client on a professionals breach of contract do not include any penalties the client had to pay as a result of the breach.T/F?

4. In most courts, accountants are subject to liability for negligence only to their clients. T/F

5.Negligence cases against professionals often focus on the standard of care exercised by the professional. T/F?

6. Working papers are the documents through which a court orders an accountant to audit a public company. T/F?

7. In performing professional services, an accountant is subject to the standard of the ordinarily prudent person. T/F?

8. Under rules of professional conduct, state authorities can discipline professionals for misconduct. T/F?

9. Under federal law, communications between an accountant and his or her client are privileged. T/F?

10.An accountant is not liable for a false statement that affects the price of a security if the buyer or seller of the security knew the statement was false. T/F?

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