Individuals who believe they relied on misstated financial statements to make a decision and have suffered losses

Question:

Individuals who believe they relied on misstated to make a decision and have suffered losses as a result will issue an action known as a
a. Breach of contract.
b. Tort.
c. Securities litigation.
d. Constructive fraud.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...