The owner of paperwork pty decides to sell the stationary business. He advertises the business for sale by saying the business has good prospects and great profit margins. Leo purchases the business in reliance on the advertisement and unaudited financial statements provided by the company. Leo soon realises that the information he relied upon had exaggerated the actual potential of the business.

a. Paperwork pty claims that the advertisement was mere sales talk, a puff, and that Leo was advised to check all claims prior to the sale. Given this information, what action could Leo take under the ACL and in particular under section 18 and 29

b. What remedies would be available to Leo if a branch of the acl could be established

im not sure how to approach this question