1. "The Sale of Goods Act imposes terms into the contract that are even and fair, and that don't benefit one side over the other." Discuss the accuracy of this statement. 2. Why are loan transactions among the most heavily scrutinized consumer contracts? What protections are provided to consumers under the consumer protection legislations? 3. What type of a sale of goods is subject to an implied condition that the goods shall be of merchantable quality, and under what circumstances is that implied condition avoided by the seller? 4. In consumer transactions in Ontario, it may not be possible to contract out of the terms implied by the Sale of Goods Act. Explain what this means and its significance