Accuracy Group, an Accounting Firm, Has Been Given a Deadline

Accuracy Group, an accounting firm, has been given a deadline by its client to prepare an audit report by February 28. The deadline was proposed by a prospective lender to the client. Accuracy Group agrees to complete the audit by February 28. If the audit report is not finished until after the deadline, then Accuracy Group would:

A) be liable even if the delay occurred because the client obstructed performance of the audit.
B) not be liable if it had other deadlines to meet at the same time.
C) be liable for the client's resulting loss if the lender has no more funds available at that time.
D) not be liable if it had delegated its responsibilities to another accounting firm.