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12th Grade

10 Qs

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adFDSD

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Assessment

Quiz

Business

12th Grade

Practice Problem

Hard

Created by

adam Barth

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the consequences of not complying with the ACL?

Fines and penalties for businesses
No consequences for businesses
Consumer rights are revoked
Businesses are exempt from ACL regulations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of how businesses must comply with the ACL?

Refusing to give receipts for goods or services
Charging extra for itemized bills
Ignoring customer requests for compensation for damages and loss
Offering refunds, replacements, or repairs for faulty goods or services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which types of businesses does the ACL apply to?

Businesses with less than 10 employees
Only large corporations
Any business conducting operations in Australia, including overseas businesses
Only businesses based in Australia

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the Australian Consumer Law (ACL)?

To promote international trade
To regulate the import and export of goods
To protect consumers from unfair business practices
To protect businesses from unfair competition

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What topics are covered in the guides available on the ACL website?

International trade regulations
Consumer guarantees and product safety
Taxation laws
Business marketing strategies

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the scope of the Australian Consumer Law (ACL)?

It applies to anyone conducting business in Australia, including overseas businesses
It only applies to businesses with physical stores
It only applies to online businesses
It applies to businesses with less than 50 employees

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main responsibility of the Australian Competition and Consumer Commission (ACCC) in administering the ACL?

To protect businesses from consumer complaints
To regulate international trade
To enforce consumer protection laws and educate businesses and consumers about their rights and responsibilities
To promote unfair business practices

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