Question

Dan is an accountant with Miller & co. The financial condition of Miller & Co. is bad but Dan shows it to be very healthy while preparing its financial statement, knowing that Miller & Co. will show the statement to Chase for seeking financing for its new project. Here Dan will be liable to Chase if the new project goes bankrupt, and Chase is unable to recover its investments under the liability theory of:

A. general consent.

B. attorney-client privilege.

C. breach of contract.

D. actually named third parties.

Answer

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