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:

Major Life Events

Significant occurrences or transitions in an individual's life that can have profound effects on their psychological and physical well-being.

Longitudinal

An observational research method that involves studying the same subjects over a period of time.

Cross-Sectional

A type of observational study design where data is collected from a population, or a representative subset, at one specific point in time.

Personality Development

The pattern of change in personality traits and behaviors over the lifespan, shaped by genetic, environmental, and experiential factors.