What Has Not Changed Under the Consumer Rights Act 2015

question 5

Multiple Choice

What has not changed under the Consumer Rights Act 2015?

• A) The requirement of a significant imbalance in the parties' rights and obligations under the contract to the detriment of the consumer.
• B) The requirement of good faith.
• C) The test of unfairness is no longer limited to terms which have not been individually negotiated (standard terms)
• D) A term may be excluded from an assessment of fairness only if it is transparent and prominent.
• E) g. Director General of Fair Trading v First National Bank plc), requiring a 'significant' imbalance in the parties' rights and obligations under the contract.

---

Definitions:

Paul Baltes

A psychologist known for his work in the field of developmental psychology, particularly in the lifelong process of human development and aging.

Fluid Intelligence

refers to the ability to reason quickly, think abstractly, and solve problems in novel situations independently of acquired knowledge.

Expert

An individual who possesses a high level of knowledge or skill in a particular domain or field.

Novice

A beginner or someone new to a field or activity, with limited knowledge or experience.