A Plumber Who Carried Out Some Emergency Repairs at Your

question 20

Multiple Choice

A plumber who carried out some emergency repairs at your residence advised you in writing before starting that he was only liable for any faults with his work within the next six months.Nine months later you have been found that his work is faulty.Which of the following statements is most accurate concerning your legal rights under the Australian Consumer Law?

• A)You have legal rights.People providing services to consumers must show reasonable care and skill and this right cannot be limited to an unreasonable time period.
• B)You have no rights.The six months limitation period is legally binding because you were advised in writing before the job began and you chose to go ahead.
• C)You have legal rights because there is a minimum statutory protection period of 12 months for all goods or services purchased by a consumer.
• D)You have no rights.As the plumber provided services and not goods you are not entitled to consumer guarantees,such as the right to purchase goods of acceptable quality.

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Definitions:

Private Securities Litigation Reform Act

A 1995 U.S. federal law designed to increase the legal standards required for filing securities fraud lawsuits, aiming to reduce frivolous litigation.

Detect Illegal Acts

The process of identifying activities that are prohibited by law or regulations.

Audited Company

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GAAP And GAAS

GAAP (Generally Accepted Accounting Principles) are a set of accounting standards used in the U.S., while GAAS (Generally Accepted Auditing Standards) are guidelines for auditors in executing audit engagements.