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Bankruptcy usually lasts for three years and one day from the date it is declared.;In some cases, the bankruptcy period can be extended up to eight years if the trustee determines misconduct.

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Options for raising capital include bootstrapping, seeking investors, applying for grants, and taking out loans.;Crowdfunding and venture capital are also viable options for startups looking for substantial funding.

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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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Intellectual property includes patents, trademarks, copyrights, and trade secrets.;You can protect it by registering patents and trademarks, using nondisclosure agreements, and securing copyrights.

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The ACMA is responsible for enforcing the Interactive Gambling Act 2001 and ensuring compliance by online gambling operators.;The ACMA can issue fines, warnings, and take legal action against operators who violate the...

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In Australia, the statute of limitations for defamation is generally one year from the date of publication, although extensions may be granted in certain circumstances.;It's important to act quickly to gather evidence...

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Government procurement in Australia is governed by the Commonwealth Procurement Rules (CPRs), which set out the principles and processes to be followed.;These rules ensure transparency, accountability, and value for m...

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Claims can be denied due to lack of evidence, missing deadlines, or disputes over liability.;Other reasons include insufficient documentation or failure to follow proper procedures.

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Tax evasion in Australia can lead to severe penalties, including fines, interest on unpaid taxes, and imprisonment for serious offences.;The ATO conducts audits and investigations to detect and prevent tax evasion, an...

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To file a civil lawsuit in Australia, you must first prepare and file a statement of claim with the relevant court, detailing the facts and legal basis of your claim.;After filing, the defendant must be served with th...