Which of the Following Statements Accurately States the Law with Respect

question 21

Multiple Choice

Which of the following statements accurately states the law with respect to consumer transactions?

• A) Where the court decides that a transaction was unconscionable, that transaction is unenforceable by the buyer.
• B) Where a consumer has been subject to a deceptive or unconscionable act or practice, he may recover damages and an order of rescission.
• C) In all consumer transactions, there is a cooling-off period of seven days in which the consumer can call off the deal.
• D) Where a supplier engages in a deceptive or unconscionable act, he is neither subject to fines nor jail.
• E) A deceptive or unconscionable supplier does not lose his right to carry on business in the province.

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Definitions:

Inputs And Outputs

In the context of systems or processes, inputs are the resources that are utilized (such as labor, materials, and capital), while outputs are the products or services produced.

Organizational Pressure

The force or influence within an organization that affects individuals' decisions, behaviors, and wellbeing, often resulting from internal or external expectations.

External Source

An entity or resource outside of an organization that provides information, materials, or services.

Operating Efficiencies

Refers to the ability of an organization to minimize costs and resource use while maximizing output and productivity.