Which of the Following Services Are NOT Covered by the Consumer

question 28

Multiple Choice

Which of the following services are NOT covered by the consumer guarantees in the Australian Consumer Law?

• A)Telecommunications.
• B)Electricity.
• C)Gas.
• D)All of the above.

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Definitions:

Prompt Payment Discount

A discount offered by sellers to buyers for paying their bills promptly, usually defined as within a specified number of days.

Borrowing Rate

The interest rate or cost that a borrower pays to a lender to borrow money.

Long-Term Projects

Ventures or initiatives with a timeline extending over several years, typically requiring substantial capital investment and planning.

Short-Term Financing

Borrowing options intended for a short period, typically less than a year, to cover immediate needs.