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Case Study 1 Autosaved .docx - LAW501: COMMERCIAL LAW Case...

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LAW501: COMMERCIAL LAWCase Study 1Weighting (25%)Semester 2 2021Instructions:1.This assessment must be attempted Individually.2.Write answers only. Write your name and Id No in the answer sheet.3.This assessment contributes 25% towards your final grade.4.The submission will be administered through Turnitin Software; hence plagiarismmustnot exceed 20%.5.Due Date: Thursday 28/10/21 at 11.59 p.m. via Moodle DropBox.1
Question 110 marksDimple agreed to buy a new smart TV from BTS Traders for $4500 after the salesman said,‘Don’t worry about not having the cash - you can pay $150 per month plus interest at the rate ofinflation. Dimple signed an agreement to repay $4500 under these conditions and took deliveryof the TV. She also agreed she would not take legal action under common law, the ConsumerCredit Act, or any other legislation. No documents were provided. Every month for the past 20months Dimple has received a bill for varying amounts in excess of $150. She has nearly paid$4000. BTS Traders still claims Dimple owes $2500. Advise Dimple.a)What legal rights she has under the Fiji Consumer Credit Act.
b)What remedies may be available to her?

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Term
Summer
Professor
NoProfessor
Tags
Law, Fair Credit Reporting Act, Fair Debt Collection Practices Act, dimple

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