Bread & Bagels Bakery (B&B)enters into a Contract with Cineplex

question 63

Multiple Choice

Bread & Bagels Bakery (B&B) enters into a contract with Cineplex for discounted tickets for B&B's employees. Cineplex breaches the contract and B&B enters into a contract with DigiMovies for the same service at a lower price. B&B might be awarded nominal damages to

• A)establish,as a matter of principle,that Cineplex acted wrongfully.
• B)provide B&B with funds for a foreseeable loss beyond the contract.
• C)provide B&B with funds for its loss of the bargain.
• D)punish Cineplex and set an example to deter others from similar acts.

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Definitions:

Unprofitable Segment

A division or part of a business that consistently operates at a loss, detracting from the overall profitability of the company.

Elimination

The process of removing a component or aspect, often used in the context of accounting to adjust consolidated financial statements.

Related Product Lines

Products that are linked or associated in terms of their usage, customer base, or production requirements, often marketed together.

Special Order

A one-time or nonregular order that can require special pricing or production adjustments in manufacturing or service processes.