Question

11. Kimberly, the owner of Littleton Cinema, knows that she is the first and only theater showing “Avengers” and so she decides to charge $5 more than the amount of the regular ticket price. All of the patrons pay the higher amount voluntarily and enjoy the movie This is most likely

a. illegal.
b. Unfair and likely to be seen as “shocking the conscience” of the court.
c. Adequate consideration.
d. None of the above.

Answer 1

Answer: D. None of the above

Step-by-step explanation:

In the above case in the question, Kimberly has done nothing wrong. What was done was simply followed the principle of demand.

In this case, she saw that she was the first cinema to show the movie and seek to maximize profit. Some there'll be an increase in demand for the movie, thus can being about an increase in price which is what happened in this case.

Therefore, what she did is not illegal, and unfair. Therefore, the best option is D.