Question: 1 2 4 - 1 0 To win a claim against the auditor, third parties suing 1 3 under common law must generally prove that
To win a claim against the auditor, third parties suing under common law must generally prove that they
suffered a loss, that the loss was due to lack of reli
ance on misleading financial statements, and that
the auditor knowingly participated in the financial
misrepresentation.
TF
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