Which of the Following Statements Are Most Accurate in Relation

question 48

Multiple Choice

Which of the following statements are most accurate in relation to the State and Territory Fair Trading Acts (FTAs) ?

• A)Businesses that are not covered by the federal constitutional net are regulated by the FTAs.
• B)The Australian Consumer Law is incorporated into the FTAs.
• C)Any future changes to the Australian Consumer Law will not apply to the FTAs.
• D)All of the above.
• E)A and B only.

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Definitions:

Representativeness Heuristic

A cognitive shortcut that involves making judgments about the probability of an event under uncertainty, based on how much it resembles the typical case.

Prototype

A prototype is an original or first model of something from which other forms are copied or developed, often used in the context of designs, inventions, or the formation of categories in cognition.

Colour Perception

Colour perception is the process by which the human eye and brain translate light waves into colour, influenced by physical, psychological, and contextual factors.

Colour Name

The term or designation given to a specific hue, tone, or shade identified within the visual spectrum.