A WA developer engages in 'bait advertising' by promoting properties at prices they have no intention of selling at. Under the Australian Consumer Law, what is the potential consequence?
Correct Answer
B) Significant financial penalties, including fines of up to millions of dollars for corporations, injunctions, and corrective advertising orders
Bait advertising is prohibited under section 35 of the Australian Consumer Law. Penalties for corporations can reach millions of dollars per contravention. Courts can also order injunctions, corrective advertising, and other remedies. Individuals involved can also face personal liability.
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