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Lauren hires Humphrey, a CPA, to audit her financial statements. The engagement letter includes a statement acknowledging tha
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Answer #1

Answer : it was a foreseen party

Explanation : Being an auditor, Humphrey was already aware about the specific purpose of audit report for Key Largo bank . Thus it a foreseen third party for the auditor &  Key Largo bank can sue Humphrey on that ground .   

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