Question: Giuseppe has a one - year - old car on the lot with low kilometres, no collision history and great curb appeal. He lists it
Giuseppe has a oneyearold car on the lot with low kilometres, no collision history and great curb appeal. He lists it at $ Before he posts it online, someone walks in and buys it for $ plus tax. The transaction goes quickly because there are no outstanding liens and the buyer pays in full with a certified cheque.
Giuseppe is pretty sure he will get a similar car on the lot soon so he posts the ad even though the car just sold. In the meantime, he plans to show any interested buyer, similar cars.
Has Giuseppe contravened the regulations?
c No but he should have priced the car higher because it sold so quickly at $
b Yes, he should not have placed the ad because it was not available for sale at the time the ad was placed.
a No the advertised price is accurate so he didnt do anything wrong.
d Both a and c
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