fair trading act

Question 1

what does the fair trading act cover

Answer 1

all advertising and selling of goods and services by people in trade

Question 2

what does the fair trading act not cover

Answer 2

It does not cover private sales

Question 3

what does the fair trading act prohibit

Answer 3

misleading and deceptive conduct
false advertising
unfair practise

Question 4

what is the definition of misleading or deceptive

conduct?

Answer 4

if the information you receive about goods or services gives you a false impression

Question 5

what is the definition of false representation

Answer 5

when the information given you receive about the goods is not true

Question 6

what is the definition of unfair trading practise?

Answer 6

selling method which is misleading or unfair

Question 7

what is rain check ?

Answer 7

when the shop where you are buying a good or service will get more of something or find a similar replacement if they run out

Question 8

what is puffery

Answer 8

when a statement that is so ridiculous that it would not be possible

Question 9

give 3 example of misleading or deceptive conduct

Answer 9

advertisement not fully disclosing the full details of good or service

not telling you something when you are asking them and they know the answer

giving a false impression about a good or service by the advertisement

Question 10

give 3 example of false representations

Answer 10

prices are mis-advertised
false labels
no refund signs
promises that will not be kept

Question 11

give examples of unfaitr trading practices

Answer 11

offering gifts/prices without intending to supply them

bait advertising

misleading claims

pyramidal schemes

accepting payment without intestine of supplying the goods