Which of the Following 'Consumers' Are NOT Protected by S

question 19

Multiple Choice

Which of the following 'consumers' are NOT protected by s 22 of the unconscionability provisions of the Australian Consumer Law?

• A)A proprietary company.
• B)A listed public company.
• C)A partnership.
• D)An individual.

---

Definitions:

Preexisting Duty Rule

A legal doctrine stating that a promise to perform something the promisor is already legally obligated to do is not consideration for a new contract.

Adequacy of Consideration

Pertains to the fairness of the value exchanged in a contractual agreement, often examined in legal disputes over contract validity.

Legally Sufficient

Having the requisite form, substance, and detail to comply with the law and withstand legal scrutiny.

Past Consideration

Consideration for a contract that has already been provided before the agreement is made, not valid as consideration in most legal systems.