(7) Mike, a professional mountain biker, buys a top of the line mountain bike from Wheels to ride in a mountain bike event. On a training ride the bike develops a fault with the gears. What are Mike's remedies under the Consumer Guarantees Act? (a) He is not covered by the Consumer Guarantees act because as a professional cyclist he is buying the bike for business purposes. (b) He is covered by the Consumer Guarantees Act and can require Wheels to fix the bike and can also claim by way of damages the prize money for the event he was to enter, because he has lost the chance to win the prize. (c) He is covered by the Consumer Guarantees Act and can require Wheels to fix the bike if it can be fixed but cannot claim the prize money by way of damages. (cl) Mike has no remedies in New Zealand under the Consumer Guarantees Act because the bike was manufactured in Taiwan and the manufacturer does not have a place of business in New Zealand