Hasina obtained a copy of the financial statements of (3H! Inc, a public corporation whose shares are traded on a public stock exchange. Gl-ll's auditor, Shalommad given an unqualified Opinion on the financial statements. He had not indicated or mentioned any reservations regarding the financial statements. Hasina, a stranger-to the auditor. reviewed the financial statements and, as a result of her analysis, made a substantial investment in the shares. of GHI. A short time later, a signicant error\" was discovered in the financial statements. The financial statements incorrectly showed a prot when they should have shown a loss. Apparently, the nancial statements overvalued the ending inventory, and failed to provide for the normal allowance for bad debts in the accounts receivable. Hasina has decided to bring a legal action against Shalom. 7 3. Indicate the nature of Hasina's legal action against Shalom. (2 points} b. What would Hasina need to prove to be successful in her legal action against Shalom? (6 points) c.' ls Hasina likely to be succes'sfuli? Explain. (4 points) ",1 d n. 31