Case summary: Persons W and M, shareholders of firm C, filed a law suit against other shareholders MH and K and accountant J for breach of duty. Persons W and M claimed that accountant J acted on behalf of MH and K and caused disadvantages to them. It was alleged that J had purposely altered the books of firm C to increase the financial liabilities of W and M.
To find:The duty of J towards W and M.
Case summary: Persons W and M, shareholders of the firm C, filed a law suit against other shareholders MH and K and accountant J for breach of duty. Persons W and M claimed that accountant J acted on behalf of MH and K and caused disadvantages to them. It was alleged that J had purposely altered the books of firm C to increase the financial liabilities of W and M.
To find:The possibility of the breach of duty by person J.
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Chapter 19 Solutions
The Legal Environment of Business: Text and Cases (MindTap Course List)
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