Answer: Ultramares corporation v. Touche established Ultramares doctrine. Hochfelder v. Ernst & Ernst ruled that scienter is required before CPAs can be held liable.
Explanation:
All the options except the above are true. Ultramares corporation v. Touche did establish the Ultramares doctrine.
United States v. Natelli sentenced two CPAs to prison for a year, in addition to fines, for violating the Securities Exchange Act of 1934.
Bily v. Arthur Young did not uphold the restatement doctrine. The restatement doctrine restatement doctrine makes an auditor liable to people who rely on the quality of his work be they his clients or third parties. Two high courts ruled that auditors are not liable to third parties who use their work but only to the party that contracted their work.
However, Hochfelder v. Ernst & Ernst ruled that an allegation of scienter (an intention to deceive) is not required before CPAs can be held liable as long as the actions constitute actual deception.
While rule 10b-5 of the Exchange Act states the presence of scienter as a requirement to commit an offense, the court ruled against the statute by eliminating the Scienter clause from criminal statute and ruled against Ernst & Ernst.
- tamor
- arunriver
are two pilgrimage in province no. 1
Answer:
Ocean/Sea
Explanation:
They were all located on separate land masses, allowing for each city to act like its own state or nation.
The answer is <span>in-group; out-group
In sociology term, in-group refers to the group of people that we identify as being a part of based on certain similarities.
The out-group on the other hand, refers to the group of people outside the in-group, usually because they possess certain differences in traits or perception.</span>
Answer:
I am not sure what the conflict is, but a good way to address potental conflict is to figure out how or why the conflict is arising and find a way to fix it.
Explanation:
