What can NCARB recover in the event of a breach of the Agreement?

The correct choice indicates that NCARB can recover reasonable attorneys' fees in the event of a breach of the Agreement. This is significant because attorneys' fees are typically a form of economic compensation that the prevailing party can claim in lawsuits or legal disputes. The inclusion of this provision reflects a common legal practice aimed at ensuring that parties can seek recourse for the costs incurred while pursuing or defending against a breach.

The ability to recover attorneys' fees helps to level the playing field in legal situations, as navigating legal proceedings can be expensive. This principle serves to incentivize compliance with agreements, as the potential for having to pay the other party's legal fees might deter breaches and encourage resolution of disputes without escalation to litigation.

Understanding this element of recovery is important for architects and professionals preparing for the Architect Registration Examination, as it emphasizes the legal ramifications of agreements they may enter into within their practice.