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Unformatted text preview: 5. Oregon goes public 6/13/96 (Stock Price = $13.50) Proof Negligence Issue: Cooper is liable for Oregons for negligence Rule of law: Negligence is required - * Duty * Breach * Causation * Injury Analysis: Duty Cooper had a contract with Oregon Breach based on GAAP and GAAS (if its below breach) Conclusion: Causation Court says no causation because market def is fluctuation all the time. Also, no negligence because nobody Injury ....
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- Spring '10