When Will a Purchaser of Goods NOT Be Considered a 'Consumer

question 25

Multiple Choice

When will a purchaser of goods NOT be considered a 'consumer' under the Australian Consumer Law?

• A)If they purchase a commercial road vehicle valued at more than $40,000.
• B)If they purchase goods for personal or domestic use valued at more than $40,000.
• C)If they purchase goods valued at less than $40,000 for use in the course of a small business.
• D)If they purchase goods valued at less than $40,000.

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Definitions:

Audit Opinion

An audit opinion is a statement provided by an auditor that expresses a conclusion about the reliability and fairness of a company's financial statements.

Financial Statement

Documentation of a business or entity's financial performance, including balance sheet, income statement, and cash flow statement, among others.

Known Third Parties

Individuals or entities that are not directly involved in a contract but are known by the parties to be affected by the contract's execution.

Deliberately Falsified

Intentionally altered or distorted information, data, or documents to deceive or mislead.