Question: The answer mark was incorrect. QUESTION 10 Holly Corp. engaged Yost & Co., CPAs, to audit the financial statement to be included in a registration
The answer mark was incorrect.

QUESTION 10 Holly Corp. engaged Yost & Co., CPAs, to audit the financial statement to be included in a registration statement Holly was required Securtues Act of 1933. Yost failed to exercise due diligence and did not discover the omission of a fact material to the statements. recover from Yost under Section 11 of the Securities Act of 1933 only if the purchaser O a. Brings a civil action within one year of the discovery of the omission and within three years O of the offering date. 3 b. Proves that the registration statement was relied on to make the purchase, O c Proves that Yout was negligent. O d. Establishes privity of conoract with Yost Click Save and Submit to save and submit. Click Save All Answers to save all answers. CPA ACCOUNTIN....pdf "OF Unit_2 Notes Que...pdf OOH 410_Privileged Co... polf POF 505 R_7 Type here to search O SHIBA
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