Q1: Conduct which creates a false impression about matters such as the price, value or quality of goods or services is termed as Misleading or deceptive conduct as per ACL. Which section of the ACL lists this information?

Select one:

a.

Section 18.

b.

Section 26.

c.

Section 21.

d.

Section 15.

Q2: Madison listed a purse for sale on the Internet, KNOWING it is a replica of a designer bag. It looks just like the designer bag, the description states that it is 100% authentic, and the price is 10% less than what the bag sells for in the retail stores. Anil purchased the bag and showed it to a friend, who works at a retail store that supposedly, sells the same bag. Anils friend informed him that it is fake. Which of the following concepts best describes the situation?

Select one:

a.

Common mistake

b.

Unilateral mistake

c.

None of the above

d.

Madison has intention to commit a fraud and deceive customers