In Hercules Managements v. Ernst & Young the court decided that:
A) The defendant did not breach the standard of care.
B) There was no liability because the claim was for pure economic loss.
C) There was no special or proximate relationship between the parties.
D) It was not reasonable for the plaintiffs to have relied on the financial statements in the circumstances.
E) It would limit the scope of the duty of care of accountants due to fears of unlimited liability
E
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Pursuant to the Colorado Real Estate Commission approved purchase and sale contract:
a. the seller must provide title insurance b. the seller must make an abstract and opinion available if the buyer requests it c. the seller has a choice of providing title insurance or an abstract and opinion d. the seller is not obligated to provide evidence of title, only does so as a courtesy
Belling wants to analyze the threats posed by its competitors. Which three variables must it monitor to achieve this?
What will be an ideal response?