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.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: Estes,an accountant,contracts to perform services for Frasier.In
Q16: Mona,an accountant,prepares for NuTech Corporation a financial
Q17: Tony is an accountant whose clients include
Q18: Samantha is an accountant.Theo is an attorney.Which
Q19: A client's negligence is never a defense
Q20: Pluto accuses Quark,an accountant,of committing defalcation.This is<br>A)embezzlement.<br>B)general
Q21: Generally,an accountant must exercise the degree of
Q21: An accountant is required to discover every
Q23: Attorneys are required to be familiar with
Q24: Bruno is an accountant.Under the Sarbanes-Oxley Act