HBR Accounting hired Denise, a CPA, to prepare tax returns. Which ...

[burchfield96]

HBR Accounting hired Denise, a CPA, to prepare tax returns. Which statement is correct?
 A)Denise is a gratuitous agent and has a duty not to commit gross negligence.
 B)Denise is a gratuitous agent and has a duty not to commit ordinary negligence.
 C)Denise, as a CPA, is an agent with special skills. She is held to a higher standard than ordinary negligence.
 D)Denise, as a CPA, is an agent with special skills. She is held to a lower standard than ordinary negligence.

Question 2

Government agencies in the U.S. are not allowed to insure payments made to a U.S. bank if the underlying contract between the buyer and seller is entirely independent from the letter of credit.
  Indicate whether the statement is true or false

[debra928]

Answer to Question 1

C

Answer to Question 2

FALSE