Rex is a qualified auditor of WQR Bhd. He assigned his junior officers to prepare the company's annual financial report and signed it. Relying on this report, Juliet who is an investor decided to purchase the shares of WQR Bhd. and after a few months, suffered severe losses. It was later discovered that the company was not actually a financially sound company. Advice Juliet whether she can take any action against Rex. (10 marks)

*Apply Caparo Industries v Dickman & Ors. according to the question