preview

Pricing / Acl Sales Practices Guide Essay

Better Essays

Pricing / ACL Sales Practices guide

For the purposes of the ACL, a person is a ‘consumer’ if they acquire goods or services that are priced at less than $40,000. A person is also a ‘consumer’ if they acquire good or services that are priced at more than $40,000 but they are ‘of a kind ordinarily acquired for personal, domestic or household use or consumption’. For example, a person who acquires a vehicle for use in the transport of goods on public roads, irrespective of price, is also considered to be a consumer for the purposes of the ACL.

Introduction: a single set of definitions and interpretive provisions about consumer law concepts, including a definition of ‘consumer A general ban on misleading and deceptive conduct in trade or commerce; : Section 18 of the ACL prohibits a person, in trade or commerce, from engaging in misleading or deceptive conduct. This prohibition is not limited to the supply of goods or services and creates a broad, economy-wide norm of conduct.

General protections, which create standards of business conduct in the market, including: A general ban on unconscionable conduct in trade or commerce and specific bans on unconscionable conduct in consumer and some business transactions; : Conduct may be unconscionable if it is particularly harsh or oppressive. To be considered unconscionable, conduct must be more than simply unfair - it must be against conscience as

Get Access