FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

With reference to relevant rules, cases and legislation, discuss the following statement: A consumer who purchases a consumer good on the basis of an untrue

With reference to relevant rules, cases and legislation, discuss the following statement:

A consumer who purchases a consumer good on the basis of an untrue statement by the seller would do best to sue under the ACL instead of common law misrepresentation.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Microeconomics An Intuitive Approach with Calculus

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

538453257, 978-0538453257

Students also viewed these Law questions

Question

★★★★★
Investment Turnover Krall Company recently had a computer malfunction and lost a portion of its accounting records. The company has reconstructed some of its financial performance measurements...

Answered: 1 week ago

Question

★★★★★
Adjusting entries and errors Obj. 2, 3, 4, 5 At the end of April, the first month of operations, the following selected data were taken from the financial statements of Shelby Crawford, an attorney:...

Answered: 1 week ago

Question

★★★★★
5. Explain the three types of knowledge Mr. Beechs students probably had to use while taking the algebra test.

Answered: 1 week ago

Question

★★★★★
Selected financial statement data for Schmitzer Inc. is shown below: What was the amount of net sales for2011? 2011 2010 Balance sheet nventories Ratio Gross profit ratio for 2011 Inventory turnover...

Answered: 1 week ago

Question

★★★★★
Morton Company's contribution format income statement for last month is given below: Sales (44,000 units x $20 per unit) Variable expenses Contribution margin Fixed expenses Net operating income $...

Answered: 1 week ago

Question

★★★★★
Need a full explanation thanks 7. The Rational class example covered during the course has 2 instance variables of type int corresponding to the numerator and denominator respectively. Consider the...

Answered: 1 week ago

Question

★★★★★
(JMI) is a company that builds custom-designed metal-cutting machinery. JMI's minimum sales contract is typically for $1 million and many sales contracts are in excess of $5 million. It generally...

Answered: 1 week ago

Question

★★★★★
Asa provides consulting services to small businesses. He has a dedicated office that is used exclusively and regularly. The house is 3,200 square feet, and the office is 275 square feet. Asa did not...

Answered: 1 week ago

Question

★★★★★
1. A firm has 1,000,000 shares outstanding with a price per share of $25.10 (previous to any dividend payment). It decides to pay out cash dividend of $2,100,000. What will the share price be after...

Answered: 1 week ago

Question

★★★★★
QWE Bank Limited originates a pool of 250 mortgages, each with 30-year maturity and averaging $250,000 with an annual mortgage coupon rate of 6 percent. The mortgage backed security insurance fee is...

Answered: 1 week ago

Question

★★★★★
On 15 November 2019, a wheat farmer became concerned that by the time her 200 metric tonne crop was ready for delivery in April 2020 that the price would fall below $335 per tonne - her break-even...

Answered: 1 week ago

Question

★★★★★
This should fix it aluate the function for the given value of x. 28) f (x) = -3x, g(x) = /x + 31, (f . g)(-4) =? 29) f ( x ) = x2 + 4x, g(x) = 5x - 1, (f . g) (-2) =? 30) g(x) = 13x, h(x) = x3 + 2x,...

Answered: 1 week ago

Previous Question Next Question