A Queensland agent advertises a property at a price well below what the seller has said they will accept, to draw in more buyers. Under consumer protection law, this practice:
Correct Answer
C) Contravenes the ACL ban on misleading conduct about the likely selling price
Advertising a price the seller will not accept is underquoting: a misleading representation about the likely selling price that breaches the Australian Consumer Law prohibitions on misleading or deceptive conduct and false or misleading representations. It can lead to penalties, damages claims by buyers who spent money relying on the price, and disciplinary action against the agent. Bait advertising under the Australian Consumer Law is a separate, narrower offence about advertising goods or services at a price that will not be available in reasonable quantities.
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A Queensland real estate agent's licence is suspended for serious misconduct. During the suspension the agent keeps conducting sales through an unregistered assistant. Which of the following is correct?
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