14. Which of the following practices would count as consumer fraud? selling stolen merchandise selling products at sky-high prices selling "medicine" that is just sugar water providing loans with sky-high interest rates

## Step 1<br />Consumer fraud refers to the use of deception or manipulation to trick consumers into spending money or providing personal information. This can occur in various forms, such as false advertising, bait and switch tactics, or selling counterfeit goods.<br /><br />## Step 2<br />In this problem, we are given four options and asked to identify which one would count as consumer fraud. The options are: selling stolen merchandise, selling products at sky-high prices, selling "medicine" that is just sugar water, and providing loans with sky-high interest rates.<br /><br />## Step 3<br />Selling stolen merchandise is a form of theft, not consumer fraud. While it is illegal, it does not involve deception or manipulation of consumers.<br /><br />## Step 4<br />Selling products at sky-high prices is not necessarily consumer fraud. While it may be unethical, it is not illegal unless the prices are set by law.<br /><br />## Step 5<br />Selling "medicine" that is just sugar water is a form of consumer fraud. This is because it involves deception and manipulation of consumers. The consumer is led to believe they are purchasing a legitimate medicine, but in reality, they are not getting the product they paid for.<br /><br />## Step 6<br />Providing loans with sky-high interest rates is not necessarily consumer fraud. While it may be unethical, it is not illegal unless the interest rates are set by law.