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On the Liabilities of Experts in Misrepresentation

Author: WangLi
Tutor: YuYing
School: Jilin University
Course: Civil and Commercial Law
Keywords: Misrepresentation Professional Liability Presumption of fault
CLC: D913
Type: Master's thesis
Year: 2006
Downloads: 180
Quote: 0
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Abstract


The growing need for expertise in services is increasing in modern society which is complicated, with detailed division of labor. So does the access to expert. Experts are in the unequal status compared to the general public, so it is the time to limit the experts’responsibility.With the development of the socialist market economy, China’s stock market has made tremendous achievements after 10 years of ups and downs. But because our securities markets laws are not perfect, there are still some problems in the securities market, especially false statements, resulting from civil liability issues, which harm the interests of investors, have become the focus of attention of all circles.The information in the securities market in the "far-reaching is moving his" core status of false statements to the normal order of the securities market impact of a holistic nature, such false statement is also against the interests of the two: directly affected the legitimate rights and interests of investors and the securities market order.In the spread of false statements, the disclosure of information system has been seriously distorted the market, the professional institutions and personnel information disclosure which is the most important quality control points.Article calls experts such as securities lawyers practicing lawyers, certified public accountants, and characterized property assessment staff. Fully draw on the experience of the parties, paper focuses on the creation of duties and responsibilities of experts in information disclosure on civil liability related issues, and put forward its own views in an objective manner.This is composed of four parts: the first part elaborates on the various false statements of experts and characters of civil liability on experts’false statements. In order to define the false statement, a brief analysis of the patterns of a false statement is needed. On this basis of the expert’s own practice in the complexity of the activities of information disclosure followed by in-depth discussion of their operations in the securities market. Secondly,

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CLC: > Political, legal > Legal > UNIVERSITY > China and France
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