Regarding the Federal Competition Act, which of the following is true with respect to types of prohibited conduct?
◦ Product performance claims based on sound scientific testing are an offence.
◦ Prohibited conduct includes competitors bidding on a particular project.
◦ An offence is committed where a merchant sets the price of a product below that of the competition.
◦ Telemarketers commit an offence when there is failure to disclose the identity of the seller, the nature of the product, and the price.
◦ Any advertising or representation to promote a product is prohibited.