Fill in the blanks pls solve fast

II. Completion (20pts. / 2 pts. each) The sentences below are incomplete. A space is indicated where some word(s) may be missing. Complete the sentences, so that they are correct statements. 1. Under the theory of joint and liability, each defendant may be 100% liable. 2. In a legal proceeding, a CPA may be completely exonerated from guilt, if he or she 3. In the Ultramares v. Touche & Co. lawsuit, an auditor who will rely on the audited financial statements. 4. Under the Securities Act of 1933, an auditor is only liable to shareholders. 5. Under the Securities & Exchange Act of 1934, an auditor is not liable if 6. RICO is an abbreviation for 7. In addition to audited financial statements, a CPA may be liable for other types of financial statements including and 8. When there is a dispute as to the nature of the services to be rendered by the CPA to the client, the is an essential document. 9. Bernard Madoff was convicted of operating a scheme. 10. In order to raise capital, an initial public offering (IPO), a company must first file a III. Short Essays (20 pts. / 5pts. each). Using the blank sides of your examination paper, write your answers to the question below. Please make your answers brief and concise. There are four sources of CPA liability (i.e., basis or theories for a lawsuit). Identify each one, and briefly discuss how each one is different