Assuming That Teresa Can Establish That Paul Failed to Meet

question 10

Multiple Choice

Assuming that Teresa can establish that Paul failed to meet his contractual obligations,which of the following would be available to her?

• A) Only a recovery for the cost of obtaining a different accountant to perform breached contractual duties.
• B) Reasonable and foreseeable damages related to the breach excluding the cost of another accountant to perform breached contractual duties.
• C) Reasonable and foreseeable damages related to the breach and damages for fraud which would be presumed.
• D) The cost of obtaining a different accountant to perform breached contractual duties and also any reasonable and foreseeable damages related to the breach.
• E) Nothing unless the contact specifically provides for damages in the event of a breach.

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Definitions:

Legitimate

Conforming to the law or to rules; able to be defended with logic or justification; valid.

Reward

A benefit or return given to someone as a recognition of their effort, achievement, or service.

Sources Of Power

The origins from which an individual or group can draw authority or influence, such as expertise, relationships, or formal positions.

Leader's Power

The capacity of a leader to influence the behavior of others, achieve goals, and command respect and compliance, derived from various sources.