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Top Curra Building & Construction Questions

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Q
How is the financial advice industry regulated in Australia?

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The financial advice industry in Australia is regulated by ASIC, which requires advisors to be licensed and comply with the Corporations Act 2001.;Advisors must adhere to the Best Interests Duty, which mandates that t...

Q
What insurance is required for construction projects?

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Construction projects typically require public liability insurance, workers' compensation insurance, and home warranty insurance.;These insurances protect builders and clients from financial loss due to accidents or d...

Q
What is the difference between bankruptcy and liquidation?

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Bankruptcy applies to individuals, while liquidation is the process of winding up a company's affairs.;Both processes involve selling assets to pay creditors, but the legal implications and procedures differ.

Q
How is negligence proven in personal injury cases?

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To prove negligence, claimants must demonstrate that the defendant owed a duty of care, breached that duty, and caused damages.;Establishing a clear causal link between the breach and the injury is essential for a suc...

Q
What are the requirements to become a notary public in Australia?

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To become a notary public, you must be a practicing lawyer, have several years of legal experience, and complete a notarial practice course.;After meeting the qualifications, you must apply to the Supreme Court in you...

Q
What are the consequences of bankruptcy?

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Consequences of bankruptcy include loss of assets, impact on credit rating, and restrictions on obtaining credit.;You may also face limitations on running a business and certain travel restrictions.

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