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QUESTION
Nine Dragons Ltd is a company trading in China. The company has appointed ER Sun, an auditing firm, at its auditor.
The directors of Quick-Finance Ltd are shocked by these sudden events and are furious at the financial loss they are facing. They wish to sue ER Sun, the auditing firm, to recover their financial loss.
Advise the directors of Quick-Finance Ltd of their chances of success in successfully suing ER Sun to recover the $1 million dollars loaned to Nine Dragons Ltd on the basis of the contents of the auditor’s report which they viewed on the world wide web.
Advise the directors of Quick-Finance Ltd of their chances of success in successfully suing ER Sun to recover the $1million dollars loaned to Nine Dragons Ltd on the basis of the contents of the...