Fair Trading Act

Question 1

What is Puffery?

Answer 1

Puffery is statements that are so ridiculous that noone could possibly believe them. The consumer law “let the buyer beware” applies to anyone stupid enough to buy the said product for the sole reason of growing wings.

Question 2

What does the FTA Cover?

Answer 2

All advertising and selling of goods and services by people in trade.

Question 3

What does the FTA not cover?

Answer 3

It does not cover private sales

Question 4

What does the FTA prohibit?

Answer 4

False representations, unfair practices and misleading and deceptive conduct.

Question 5

What is misleading or deceptive conduct?

Answer 5

You have been misled if you get a false impresion from the product.

Question 6

What is unfair trading practices?

Answer 6

An unfair practiceis a selling method which is misleading or unfair.

Question 7

What is a raincheck?

Answer 7

This means they will get more on the product.

Question 8

What does Cavet Emptor mean?

Answer 8

Let the buyer beware. The consumer has the responsibility to be wise and careful when choosing to buy a good or service.

Question 9

3 example of misleading or deceptive conduct?

Answer 9

Advertisements misleading you about a product Brass Bed heads are brass plated.
A salesman is not telling you about a good or service when you ask a question or statement eg Does the car burn oil
A false imppression about a job you are applying for

Question 10

3 Examples of false representation?

Answer 10

Advertising 1 price but