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Top El Mangó Debt & Bankruptcy Questions

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Q
What qualifications should an arbitrator have?

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An arbitrator should have expertise in the relevant field of dispute and training in arbitration procedures.;They should also possess strong analytical and impartial decision-making skills.

Q
What is the difference between an agreement and a contract?

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An agreement is a mutual understanding between parties, while a contract is a legally binding agreement enforceable by law.;Contracts must contain all essential elements, whereas agreements may lack enforceability.

Q
How enforceable are verbal contracts?

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Verbal contracts can be enforceable in Australia, but proving the terms can be challenging without written evidence.;Certain types of contracts, such as those involving real estate, must be in writing to be enforceable.

Q
How can a will be contested in Australia?

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A will can be contested on grounds such as lack of mental capacity, undue influence, or improper execution.;The contesting party must file a claim in court, and the court will review the evidence to determine the vali...

Q
Can a notary public certify a copy of a document in Australia?

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Yes, notaries public in Australia are authorized to certify copies of documents, confirming that they are true copies of the originals.;Certified copies are often required for official purposes, such as visa applicati...

Q
What are the legal requirements for issuing shares in Australia?

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Issuing shares in Australia requires compliance with the Corporations Act 2001, which includes providing a prospectus or other disclosure documents to potential investors.;Companies must also adhere to ASIC regulation...

Q
What compensation can I receive for a motor accident injury?

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Compensation can include medical expenses, lost wages, rehabilitation costs, and pain and suffering.;You may also be entitled to compensation for property damage and any future care needs resulting from the injury.

Q
How are digital assets handled in an estate?

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Digital assets, such as online accounts and digital files, should be included in the estate plan with clear instructions for their management and distribution.;It is important to provide access details, such as userna...

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