Do we have an agreement? Contract law 101

Do we have an agreement? Contract law 101

A contract is a legally binding agreement between one or more parties. These agreements set out the terms and conditions of a transaction. If a contract is properly formed, then its terms can be enforced by a court. However, not every document that is called a...
What Is a Heads of Agreement and Are They Legally Binding?

What Is a Heads of Agreement and Are They Legally Binding?

A “Heads of Agreement” is one of those legal terms that you may come across for the first time and find yourself doing a quick Google search. To make things more confusing, the term is sometimes used interchangeably with terms such as “Letters of Intent” or...
Understanding Consumer Guarantees under Australian Consumer Law

Understanding Consumer Guarantees under Australian Consumer Law

Among other protections, the Australian Consumer Law (ACL) establishes a national framework of consumer guarantees that businesses cannot contract out of. Generally, businesses must guarantee products and services for sale, hire, or lease where the cost is less than...
Understanding Breaches of the Australian Consumer Law

Understanding Breaches of the Australian Consumer Law

The Australian Consumer Law (ACL) includes a range of protections to consumers from unfair business practices, including misleading and deceptive conduct, false or misleading representations, unconscionable conduct, and even representations about country or place of...
The Australian Consumer Law: What Businesses Need to Know

The Australian Consumer Law: What Businesses Need to Know

The Australian Consumer Law, or ACL, is a national law that applies to all businesses throughout Australia. It ensures that consumers have consistent rights and that businesses have the same obligations nationwide. Where is the ACL found? The ACL is in Schedule 2 of...
Choosing the Right Business Structure in Australia

Choosing the Right Business Structure in Australia

There are 4 main types of business structures for doing business in Australia, each with their own advantages and disadvantages. A person can carry on business as a sole trader, partnership, trust, and company. The choice of business structure is an important decision...