For each of the following scenarios, answer these two questions: 1. Does the contract fall under the provisions of the Australian Consumer Law (ACL)? 

a) Peach purchases a large silver and glass display cabinet for $32,000 for her clothing and Jewellery shop.

b) Maddy buys a second-hand BMW from her professor, Zoe, for $10,000. 

c) A large furniture company pays $9,000 for precious walnut timber to build a cupboard. 

d) Brittany buys herself a brand-new Corvette for her 21st birthday for $120,000. 

e) Oliver makes the winning bid of $5,000 for a set of golf clubs at a traditional auction.