Question: In a suit by a purchaser against Larson for common law negligence, Larsons best defense would be that the a. Audit was conducted in accordance

In a suit by a purchaser against Larson for common law negligence, Larson’s best defense would be that the

a. Audit was conducted in accordance with generally accepted auditing standards.

b. Client was aware of the misstatements.

c. Purchaser was not in privity of contract with Larson.

d. Identity of the purchaser was not known to Larson at the time of the audit.

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