Breaches of the Consumer Protection Provisions Under the Australian Consumer

question 2

Multiple Choice

Breaches of the consumer protection provisions under the Australian Consumer Law may be penalised by fines of up to:

• A)$1.1 million for a corporation and $220 000 for an individual.
• B)$200,000 for a corporation and $10 000 for an individual.
• C)$500,000 for a corporation and $50 000 for an individual.
• D)$5.5 million for a corporation and $440 000 for an individual.

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Definitions:

Reference Group

A social group that an individual uses as a standard for evaluating themselves and their own behavior.

Control Group

A control group in scientific experiments is the group of subjects not exposed to the experimental treatment, used as a benchmark to measure how the other tested subjects respond.

Membership Group

A social group to which an individual belongs and identifies with, often influencing their behavior and attitudes.

Significance Level

In statistical analysis, it represents the probability threshold below which a result is considered statistically significant, indicating a likely non-random pattern.