Which of the Following Is NOT a Power Available to a Regulator

question 12

Multiple Choice

Which of the following is NOT a power available to a regulator to enforce the Australian Consumer Law?

• A)Adverse publicity order.
• B)Injunction.
• C)Compensation order.
• D)Non-punitive order.

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Definitions:

Endowment Policy

An insurance policy designed to pay a lump sum after a specific term (on its 'maturity') or upon the death of the policyholder, whichever comes first.

Semiannually

Taking place two times a year, usually at six-month intervals.

Premiums

Premiums are the amounts paid for insurance policies, providing coverage against various risks and ensuring financial protection.

Life Policy

an insurance contract that pays a specified sum to beneficiaries upon the death of the insured individual.