Clutch Auto Parts Enters into a Contract with Bio Health

question 31

Multiple Choice

Clutch Auto Parts enters into a contract with Bio Health Club for discounted memberships for Clutch's employees.Bio breaches the contract and Clutch enters into a contract with Apex Fitness for the same service at a lower price.Clutch might be awarded nominal damages to

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

---

Definitions:

Apartments

Individual dwelling units within a larger residential building where each unit is owned or rented by separate individuals or families.

Risk Aversion

The tendency to prefer avoiding losses over acquiring equivalent gains; the degree of variability in investment returns that an investor is willing to withstand.

Possible Losses

Potential or anticipated losses, which could be in terms of finances, opportunities, well-being, or other valuable aspects.

Possible Gains

The potential benefits or positive outcomes that might be achieved from a particular action or decision.