Ted prepared fraudulent financial statements for the Arbor Corp Lacy read these statements before ...

Ted prepared fraudulent financial statements for the Arbor Corp Lacy read these statements before purchasing stock in the company. When Arbor goes bankrupt, Lacy sues Ted.
 a. Lacy will win because it was foreseeable that she would rely on these statements.
  b. Lacy will win because Ted was negligent.
  c. Lacy will lose because she did not rely on these statements.
  d. Lacy will lose because it was not foreseeable and she did not rely on these statements.
  e. Lacy will lose because it is not foreseeable that she would rely on these statements.