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Julia, a CPA, fails to detect misstatements in an issuer's registration statement. A bank uses the financial statements in deciding whether to extend a line
Julia, a CPA, fails to detect misstatements in an issuer's registration statement. A bank uses the financial statements in deciding whether to extend a line of credit to the issuer. Julia did not know that the financial statements would be used by a bank for purposes of extending credit. Under which test (Ultramares, Restatement, Foreseeable Users) test would Julia be liable?
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