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:
monopoly
Explanation:
i took the quiz and got it right
brainliest????
Something covered by land and no coastline.
The correct answer is self-concept.
Self concept is known to be recognizable from being mindful of one's self, which alludes to the degree to which self-information is characterized, predictable, and at present appropriate to one's demeanors and miens. Self-concepts likewise contrasts from self-esteem or also known as confidence: self-concept is an intellectual or spellbinding part of one's self, while confidence (self-esteem) is evaluative and stubborn
Answer: The government thought Native Americans stood in the way of westward expansion.