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An Example of a Breach of Contract Would Be

Question 62

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.

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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