Smith & Jones,an accounting firm,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.

Question

Quizplus · Accepted Answer

Parties in a business agreement are likely to follow the rules of contract law because they want to avoid potential disputes that may arise if they do not follow the rules.

Smith & Jones,an Accounting Firm,agrees to Perform an Audit for Brick