QUESTION 4

Do the following contracts fall under the provisions of the Australian Consumer Law (ACL) relating to the four consumer guarantees (Ss 54-57)? For each part:

• Answer Yes or No and
• Explain your answer with reference to the relevant ACL section.

Each part is worth 2 marks

1. International Wheat Corporation (IWC) buys a Rolls Royce for $300,000 from Pure Luxury Autos P/L for its CEO, Kristy

2. Steel Fabricators P/L pays $39,000 for a container of tin and steel shipped from the USA with which it will build house frames for a new housing development

3. Charlotte buys a painting for $42,000 from a top-end art gallery

4. Jane purchases a second hand computer from a fellow student at her university residential college for $4,000

5. Mick buys a large trailer from Trailers R Us P/L for $15,000 to be used for political advertising signage in future election campaigns.