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    JANSI's Avatar
    JANSI Posts: 2, Reputation: 1
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    #1

    Dec 2, 2008, 03:27 AM
    Case Law
    If the private limited companies 2 directors died in accident (the company have only two directors). The assets of the company also destroyed in that accident. What about the responsibility of auditor of the company. Give suggestion in this case
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Dec 2, 2008, 05:10 AM
    Hello J:

    Was it a plane crash that killed 'em? Was the plane the only asset? The auditor should say a prayer.

    excon
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Dec 2, 2008, 06:09 AM

    Well since this is the third exact question, it appears someone has a new law school question.

    A poor one since in real life this goes into probate basically, but still guess they are changing some of the old home work questions.
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