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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.
Answer: 100 feet
Explanation:
Bridges, Viaducts or Tunnels - You may not move to the left side of the road to pass when your view is obstructed within 100 feet
Answer:
Representative monarchies And Constitutional Monarchies
Explanation:
D & E
The correct answer is <em>C), The Senate is the stable, righteous, and reliable arm of government.
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Aaron Burr(1756-1836) was the third vice president of the U. S. He served under President Thomas Jefferson. In the re-election, Burr lost to Philip Schuyler. Burr blamed Alexander Hamilton for attacking him and affect his reputation and turning voters against him. In 1804, Burr killed Hamilton in a duel.
