Question 11 Part B 20 marks www.cement The owner of Paperworx Pty Ltd decides to sell the stationery business. He advertises the business for sale by saying the business has good prospects and great profit margins Leo purchased the business in reliance on the advertisement and unaudited financial statements provided by the company. Leo soon realise that the information Ted upon gested the actual potential of the business. Paperwork Pty Ltd claims that the advertisement was more sales to pull and that Loo was advised to check all claimo prior to the sale, alveri his intermedien what action could Leo take under the Australian Consumer Low (ACL) and in particular, under sections 18 and 297 (10 marks) What remedies would be available to Loo if a breach of the ACL could be established? (10 marks) in mare