Most of the Rules Regulating Marketing and Selling to Consumers

question 27

Multiple Choice

Most of the rules regulating marketing and selling to consumers can now be found in:

• A)The Australian Consumer Law ("ACL") enacted in 2010.
• B)The Trade Practices Act 1873.
• C)The Australian Securities and Investments Commission Act 2001 (Cth).
• D)The Sale of Goods Act 1893 (Cth).

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Definitions:

M2 Measure

A category of the money supply that includes all liquid monies like cash and checking deposits, as well as 'near money' such as savings deposits and time deposits.

Unit Banking

A banking system where each bank operates as an independent unit, without branches, providing services to its local community.

Unlimited Branching

A concept in computer science or mathematics referring to a structure or process that can expand in an unlimited number of directions or paths.

Speculative Demand

The demand for an asset or commodity based on the expectation that its price will increase, leading to profits from resale rather than its use or income generation.