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First Principles of Business Law |
| The regulation of undesirable business practices |
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3.1. Protection against unconscionable conduct |
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3.3. Unconscionable conduct in breach of s 21 of the ACL |
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A wants a new television. He goes to Betta TeeVees Pty Ltd where he sees several different models. When the salesman sees that A is undecided about making a purchase, he tells A that there is a special offer on a digital TV. He says that normally the TV costs $5000 but that A can have it for $4,000 if he agrees to buy it immediately. A, thinking this is a bargain, checks the main information in the standard contract presented to him, but does not read all the small print, of which there is a great deal. He then signs the agreement. Later, A discovers that the same model TV is being sold in many other shops for $3,000. He feels that the salesman pressured him into making an unwise and uninformed purchase, which he now regrets. Can A avoid this contract on grounds of a breach of s 21 of the ACL? |
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