Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What does the following definition describe? A statement which was made by a professional within his area of expertise and which was made without due

image text in transcribed

What does the following definition describe? "A statement which was made by a professional within his area of expertise and which was made without due care. That is, the stanfiard of care expected of a reasonable practitioner in that profession was breached. The client of the professional relied on the statement, and suffered damages as a result." Select one: a. Deceit. b. Innocent misrepresentation. c. Fraudulent misrepresentation. d. Negligent misrepresentation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions