CPPREP4002 - Prosecution Report v1

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School

St.Stephens High School *

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Course

9A

Subject

Business

Date

May 1, 2024

Type

docx

Pages

7

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CPPREP4002 - Access and interpret ethical practice in real estate (Release 1) Prosecution Report Prosecution Report Page | 1 of 7 © Real Estate Academy Australia RTO 32436 Version 1.1 – February 202
CPPREP4002 - Access and interpret ethical practice in real estate (Release 1) Prosecution Report What you need to do: Answer the questions below by writing in the space provided. You are required to answer all questions correctly. If correct, you will see ‘Satisfactory’ or if incorrect you will see ‘Not Satisfactory’ in your grades section of your learner portal next to the assessment name. The assessor will provide feedback and a Record of Results in the assessment task once graded. You will be required to resubmit your work for any ‘Not Satisfactory’ assessment tasks. What you will need: Use the learner material provided in your online student portal as well as research materials such as books, internet, magazines, workplace documentation etc. to assist you in gaining the knowledge required to answer the questions. Remember that the assessment is completely self-paced and open book, so you are able to use whatever resources you have to answer the questions. What you need to submit: Your answers to these questions. How to Submit your Assessment: Upload your completed document into your learner portal as per the instructions with the assessment task. You can drag and drop the file into the window or use the add file icon in the top left of the submission window and select the file you wish to upload by using the browse/choose file option.  Click on “finish attempt” to submit it for grading. Page | 2 of 7 © Real Estate Academy Australia RTO 32436 Version 1.1 – February 202
CPPREP4002 - Access and interpret ethical practice in real estate (Release 1) Prosecution Report Part 1 - Description Write a short description of the unethical practice that has occurred. The unethical practice that occurred was the making of false or misleading representations to vulnerable consumers. Quantum Housing Group, which operated in the disability housing sector, had made false claims about the availability of certain homes, leading vulnerable consumers to believe that they had secured a home when in fact they had not. The Federal Court of Australia found that Quantum Housing Group had breached Australian consumer law and engaged in unconscionable conduct by taking advantage of these vulnerable consumers. As a result, the court ordered Quantum Housing Group to pay a penalty of AUD 700,000 and to provide compensation to affected consumers. The court also ordered Quantum Housing Group to establish a compliance program to ensure that it complies with Australian consumer law in the future. Page | 3 of 7 © Real Estate Academy Australia RTO 32436 Version 1.1 – February 202
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