Smith & Jones, Accountants, Agrees to Perform an Audit for Brick

question 61

Multiple Choice

Smith & Jones, Accountants, agrees to perform an audit for Brick & Mortar Stores, Inc. Whether or not this agreement meets all of the requirements of a contract, the parties are likely to follow the rules of contract law because they

• A) ​want to avoid potential disputes.
• B) ​are conscious of those rules.
• C) ​are not conscious of those rules.
• D) ​have a moral obligation to do so.

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Definitions:

Leisure

Free time when an individual is not working and can relax, enjoy hobbies, or undertake recreational activities.

Social Media

Digital platforms that enable users to create, share content, and participate in social networking.

Recreation

Activities done for enjoyment, leisure, or relaxation outside of one's regular duties or work.

Leisure

Free time when one is not working or attending to other duties, often used for relaxation, entertainment, or hobbies.