In Relation to 'Conduct' Under S 18 of the ACL

question 43

Multiple Choice

In relation to 'conduct' under s 18 of the ACL, Accounting Systems 2000 v CCH Australia Ltd (1993) 42 FCR 470 is authority for the principle that:

• A) Pre-contractual representations can constitute misleading and deceptive conduct.
• B) Silence can constitute misleading and deceptive conduct where there is a duty to disclose relevant facts.
• C) The act of making a contract containing a false warranty is sufficient to constitute misleading and deceptive conduct.
• D) An advertisement which compared a competitor's products unfavourably with the advertiser's products can constitute misleading and deceptive conduct.

Understand key components of the theory of planned behavior.

Identify variables that affect the strength of an attitude.

Analyze the impact of self-awareness on the relationship between attitudes and behaviors.

Understand the basic mechanisms of memory encoding, storage, and retrieval.

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Definitions:

Arbitrage

The simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms to take advantage of differing prices for the same asset.

Price Discrimination

A pricing strategy where different prices are charged to different consumers for the same product or service, often based on their willingness to pay.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved or is unattainable.

Price Discriminate

The practice of selling the same product or service at different prices to different customers, often based on their willingness to pay.