Which of the following is false regarding legal liability?

A		The Ultramares doctrine proved absence of causal connection.
B		The Securities Act of 1933 deals only with the reporting requirements for companies issuing new securities.
C		The lack of duty to perform the service means that the CPA firm claims that there was no implied or expressed contract.
D		The SarbanesOxley Act greatly increases the responsibilities of public companies and their auditors.