An Example of a Breach of Contract Would Be

question 97

Multiple Choice

An example of a breach of contract would be

• A)a bank's claim that an auditor had a duty to uncover material errors in financial statements that had been relied on in making a loan.
• B)an auditor's refusal to return a client's records until the client paid last year's audit fees.
• C)a public accounting firm's failure to deliver a tax return on the agreed-upon date because the firm had a backlog of other work that was more lucrative.
• D)an auditor's failure to complete the audit by the agreed-upon date because the client's financial records had been destroyed.

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Definitions:

Continental Margins

The boundary regions between the landmasses and the ocean basins, including the continental shelf, slope, and rise.

Major Rivers

Large, significant rivers that have considerable length, water volume, and drainage area, playing crucial roles in their regional ecosystems and human economies.

Transform Boundary

A type of tectonic plate boundary where two plates slide horizontally past each other, often causing earthquakes.

Reverse Fault

A type of fault where the hanging wall moves upward relative to the footwall, typically occurring at convergent plate boundaries.