Rex,an Accountant,enters into a Contract to Provide Services to Sofi

question 19

Multiple Choice

Rex,an accountant,enters into a contract to provide services to Sofi.Rex does not finish the work within the contract's deadline.Sofi pays a pen?alty for the missed deadline and hires Trey to complete the job.Rex is most likely liable for

• A)nothing.
• B)Sofi's penalty and the cost to hire Trey.
• C)Sofi's penalty only.
• D)the cost to hire Trey only.

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Definitions:

Participants

Individuals who take part in a study, experiment, or any form of research.

Stranger

An individual who is not known personally to another or who is unfamiliar to a particular social setting or community.

Perceived Similarity

The extent to which individuals believe they share common attributes or experiences with others, often influencing social attraction and relationship dynamics.

Determinants

Factors or elements that bring about changes in a condition, behavior, or outcome, influencing or deciding its nature and direction.