To which of the following does a director owe his/her statutory duties? Select one: a. The members personally b. The company as a whole c. The board of directors. Edward, an accountant, is hired by C Ltd to prepare a report on the financial strength of C Ltd. Edward is informed that the purpose of the report is to persuade H Ltd to buy all C Ltd's shares. Edward prepares the report but carelessly fails to identify that C Ltd is not profitable. Which of the following is accurate concerning Edward's potential liability for negligent misstatement: Select one: I a. Edward will not be liable to H Ltd because there was no contract between him and H Ltd b. Edward will not be liable because his advice was prepared for C Ltd, not H Ltd c. Edward will be liable because the advice was prepared specifically for the purpose of persuading H ltd to acquire shares in C Ltd, and it was reasonable for H ltd to rely on Edward's advice: d. Edward will not be liable because it was not reasonable for H Ltd to rely on his advice