Jim buys a bicycle from his neighbour, Fred, who has organised a garage sale at his house. This is a one-off sale. Fred tells Jim that the bicycle is brand new. When Jim tries to ride the bicycle, it falls to pieces. Which of the following statements is correct?

A. TheFair-Trading Actdoes not apply because it does not apply to bicycle transactions

B. TheFair-Trading Actdoes not apply because Jim should have checked the bicycle before he took it home

C. TheFair-Trading Actdoes not apply because Fred is not in trade

D. TheFair-Trading Actdoes not apply because this is not a contract