Dave, an accountant, prepares a financial statement for Excel Company, a client, knowing that Excel will use

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Dave, an accountant, prepares a financial statement for Excel Company, a client, knowing that Excel will use the statement to obtain a loan from First National Bank. Dave makes negligent omissions in the statement that result in a loss to the bank. Can the bank successfully sue Dave? Why or why not?
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Business Law Text and Cases

ISBN: 978-1337374491

14th edition

Authors: Kenneth W. Clarkson, Roger Miller, Frank B. Cross

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