The duty of trust requires a professional to _______________________. carefully examine current figures maintain the confidentiality of a client's information act with scienter stay up-to-date on all professional standards always maintain accuracy in his work The professional's duty to exercise reasonable care is a subset of the _____________ standard of tort law. negligence diligence public plaintiff presumed damages strict liability To audit financial records, an accountant must know the generally accepted auditing standards (GAAS) and generally accepted accounting principles (GAAP). This is because professionals are required to have the education and knowledge of ____________. the ordinarily prudent person in their profession the average person in society the most well informed person in their profession a highly educated member of the community the most minimally informed person in their profession The Sarbanes-Oxley Act created the Public Company Accounting Oversight Board (PCAOB) because it was concerned that ______________________. the stock exchange's know-your-customer rule was not being adequately followed the suitability rules of the NASD were being violated auditors were violating the duty of trust accountants were breaching contractual obligations auditing firms were not sufficiently independent from the firms they audited If a professional breaches his duty of performance, a client may sue under one of three principal bases of liability: contract, trust, and ___. constitutional law fidelity wills tort criminal law