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Which of the following is the best defense a CPA firm can assert to a suit for common-law fraud based on its unqualified opinion issued

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Which of the following is the best defense a CPA firm can assert to a suit for common-law fraud based on its unqualified opinion issued for the client on materially false financial statements? Multiple Choice Lack of scienter. Lack of privity. No duty was owed. A disclaimer contained in the engagement letter

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