Question: Select from the option list provided the appropriate defense by an accountant for each statement below. Each choice may be used once, more than once,

Select from the option list provided the appropriate defense by an accountant for each statement below. Each choice may be used once, more than once, or not at all.

Statement

Answer

1 .

The plaintiff's loss was not reasonably foreseeable.

2 .

The person alleging harm assumed the risk.

3 .

Negligence of a client.

4 .

The plaintiff did not suffer a loss.

5 .

The alleged duty was not owed.

6 .

The accountant made a misrepresentation without scienter.

7 .

Expiration of the statute of limitations

.

8 .

The accountant was not compensated for the work.

Answer:

Defense to negligence

Defense to fraud

Defense to both negligence and fraud

Defense to neither negligence nor fraud

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