ACCC and ASIC Debt Collection Guidelines Quiz
5 Questions
3 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What does Section 168 of the Competition and Consumer Act 2010 (Cth) prohibit?

  • The use of intimidation and scare tactics
  • The use of verbal abuse and threats
  • The use of deceptive advertising and marketing tactics
  • The use of physical force, harassment, and coercion (correct)

What is the maximum penalty for corporate breaches under Section 168 of the Competition and Consumer Act 2010 (Cth)?

  • $1,100,000
  • $50,000,000 (correct)
  • $220,000
  • $2,500,000

Which individuals or entities are covered by sections 168 and 12DJ of the Competition and Consumer Act 2010 (Cth) and the ASIC Act 2001 (Cth)?

  • Consumers only
  • Collectors, investigators, process servers, repossession agents, and clients (correct)
  • Credit card companies and banks
  • Government officials only

What have community organizations reported as significant problems for consumers in the context of debt collection?

<p>Undue harassment and coercion (A)</p> Signup and view all the answers

What activities are covered by section 12DJ of the ASIC Act 2001 (Cth)?

<p>Supply of goods and services and collection of related payments (D)</p> Signup and view all the answers

More Like This

ACCC and ASIC Debt Collection Guidelines
5 questions
ACCC and ASIC Debt Collection Guidelines Quiz
5 questions
ACCC and ASIC Debt Collection Guidelines
0 questions
ACCC and ASIC Debt Collection Guidelines Quiz
0 questions
Use Quizgecko on...
Browser
Browser