Engaging in 'Conduct' Within the Meaning of S 18 of the Australian

question 46

Multiple Choice

Engaging in 'conduct' within the meaning of s 18 of the Australian Corporations Law:

• A)means doing an act.
• B)can sometimes mean simply remaining silent.
• C)does not include making a promise.
• D)refers only to conduct that is intentional.

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Definitions:

Consumer's Budget

The financial constraint or limit on the amount of goods and services a consumer is able to purchase, based on their income and the prices of goods and services.

Inelastic

Describes a situation where the demand or supply for a good or service is relatively unaffected by changes in price.

Price Elasticity of Demand

A measure of how responsive the quantity demanded of a good is to a change in its price, often used to gauge the relative change in demand as a result of price fluctuations.

Soccer Balls

Spherical balls designed and used specifically for the sport of soccer.