Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

PLEASE ARRANGE ANSWERS IN FORM OF A AND B PLEASE Dimple agreed to buy a new smart TV from BTS Traders for $4500 after the

PLEASE ARRANGE ANSWERS IN FORM OF A AND B PLEASE Dimple agreed to buy a new smart TV from BTS Traders for $4500 after the salesman said, Dont worry about not having the cash - you can pay $150 per month plus interest at the rate of inflation. Dimple signed an agreement to repay $4500 under these conditions and took delivery of the TV. She also agreed she would not take legal action under common law, the Consumer Credit Act, or any other legislation. No documents were provided. Every month for the past 20 months Dimple has received a bill for varying amounts in excess of $150. She has nearly paid $4000. BTS Traders still claims Dimple owes $2500. Advise Dimple. a) What legal rights she has under the Fiji Consumer Credit Act. b) What remedies may be available to her.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey Of Accounting

Authors: Carl S. Warren

2nd Edition

0324183445, 978-0324183443

More Books

Students explore these related Accounting questions