Is the firm liable to hailey for negligence

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Reference no: EM133652199

Problem: Assume that Smitty did a thorough investigation of Hailey's financial situation, including an interview of Hailey about her assets and financial transactions. Smitty then assessed the contract in light of this information. The next year, Hailey had a tax liability, but it was based on the fact that she forgot to mention to Smitty that she had also sold three pieces of land to private buyers earlier in the year. Is the firm liable to Hailey for negligence?

Reference no: EM133652199

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