Assume that Dunn & King's letter did not include their assessment that the outcome is ...in this
Question:
(a) "We believe the plaintiff's case against the company is without merit."
(b) "We believe that a negative outcome for Murchison is most likely, but we are unable to assess the amount of damages that might be imposed."
(c) "This action involves unusual circumstances where there is no prior legal precedent. We think Physicians Software will have difficulty establishing liability for Murchison; however, if Physicians Software is successful, the settlement will be substantial."
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Related Book For
Auditing Cases An Interactive Learning Approach
ISBN: 978-0133852103
6th edition
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
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