Which of the Following Statements Accurately States the Law with Respect

question 21

Multiple Choice

Which of the following statements accurately states the law with respect to consumer transactions?

• A) Where the court decides that a transaction was unconscionable, that transaction is unenforceable by the buyer.
• B) Where a consumer has been subject to a deceptive or unconscionable act or practice, he may recover damages and an order of rescission.
• C) In all consumer transactions, there is a cooling-off period of seven days in which the consumer can call off the deal.
• D) Where a supplier engages in a deceptive or unconscionable act, he is neither subject to fines nor jail.
• E) A deceptive or unconscionable supplier does not lose his right to carry on business in the province.

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Definitions:

Distress

Extreme anxiety, sorrow, or pain that negatively affects an individual’s mental and physical well-being.

Stressor

The person or event that triggers the stress response.

Cardiovascular Disorders

A class of diseases that involve the heart or blood vessels, including conditions such as coronary artery disease and hypertension.

Personal Life Satisfaction

An individual’s subjective assessment of their overall well-being and happiness in their personal life.