Question: In a suit by a purchaser against Larson for common law fraud, Larsons best defense would be that a. Larson did not have actual or

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

a. Larson did not have actual or constructive knowledge of the misstatements.

b. Larson’s client knew or should have known of the misstatements.

c. Larson did not have actual knowledge that the purchaser was an intended beneficiary of the audit.

d. Larson was not in privity of contract with its client.

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