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In which type of court case is proving due diligence most likely to provide the most assistance in an auditors defense? Court cases brought under

In which type of court case is proving "due diligence" most likely to provide the most assistance in an auditors defense?

  1. Court cases brought under the Securities Exchange Act of 1934.
  2. Court cases brought by clients under common law.
  3. Court cases brought by third parties under common law.
  4. Court cases brought under the Securities Act of 1933.

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