Which of the Following Is Most Likely to Lead to Unconscionable

question 41

Multiple Choice

Which of the following is most likely to lead to unconscionable conduct by a business when dealing with consumers?

• A)Training staff about fair trading and anti-discrimination laws.
• B)Employing staff members who lack tertiary qualifications.
• C)Disclosing any important or unusual terms to customers.
• D)Rewarding staff for pressure based selling.

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Definitions:

Tuition

The fee charged by educational institutions for instruction and training services.

Monopolist

A monopolist is a market participant that has exclusive control over the supply of a particular good or service, setting prices without competition.

Competitive Market

A market structure characterized by many buyers and sellers, where no single entity can influence the price or quantity of the product.

Interest Rate

The fraction of a loan subjected to interest charges for the borrower, conventionally expressed as a yearly percentage of the unpaid loan sum.