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Explain The Main Aim Of The Competition And Consumer Act 2010

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1. Describe the main aim of the Competition and Consumer Act 2010.
The Competition and Consumer Act 2010 aims to promote fair trading and competition in the Australian market to enhance the welfare of Australians. The Act also includes consumer protection measures to ensure that consumers are treated fairly and to prevent anti-competitive conduct.
2. Describe the main aim of the Privacy Act 1988.
The main aim of the Privacy Act 1988 is to protect the privacy of individuals by regulating the handling of personal information by Australian government agencies and businesses. The Act aims to balance the interests of individuals in protecting their privacy with the needs of organizations to collect and use personal information for legitimate …show more content…

In your own words, describe one of the guidelines for professional and ethical conduct within the Australian Marketing Institute’s Code of Professional Conduct.
One of the guidelines for professional and ethical conduct within the Australian
Marketing Institute's Code of Professional Conduct is transparency and honesty in marketing communications. This principle requires marketing professionals to be truthful and not misleading in their marketing messages, and to disclose any material information that may affect a consumer's decision to purchase a product or service.
5. Identify the purpose of the Advertising Standards Regulation.
The purpose of the Advertising Standards Regulation is to set standards for advertising that ensure it is legal, truthful, and socially responsible. The regulation aims to protect consumers from misleading or offensive advertising and provides a framework for the review and investigation of complaints about advertising.
6. Explain bait advertising and whether it is a legal form of advertising under Australian
Consumer Law. bait advertising is not a legal form of advertising under Australian Consumer Law, and businesses should avoid this practice to ensure compliance with the law and maintain

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