Fact Pattern 33-1 ​Nelson, an Accountant, Enters into a Contract to Provide Services

question 39

Multiple Choice

Fact Pattern 33-1
​Nelson, an accountant, enters into a contract to provide services to Operational Processes, Inc. (OPI) . Nelson does not finish the work within the contract's deadline. This causes OPI to fail to meet certain other deadlines owed to Prime Bank, which results in the firm's payment of penalties to the bank.
-Refer to Fact Pattern 33–1. Nelson is

• A)liable for breach of contract.
• B)not liable, because Nelson is a professional.
• C)not liable, because Nelson's failure must have been OPI's fault.
• D)not liable, because the work took longer than foreseen.

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Definitions:

Categorical Syllogism

A form of deductive reasoning consisting of three parts: a major premise, a minor premise, and a conclusion, each of which is a categorical proposition.

Major Term

In a syllogism, the term that serves as the predicate in the conclusion and is also found in one of the premises.

Minor Term

In a syllogism, the term that is the subject of the conclusion, linking the major and minor premises.

Middle Term

In a syllogism, the term that appears in both premises but not in the conclusion, serving as a link between them.