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A sole trader is an individual running a business, while a company is a separate legal entity owned by shareholders.;Sole traders have unlimited liability, whereas companies provide limited liability protection to the...

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Notify your insurance company as soon as possible and provide them with all necessary documentation, including police reports and medical records.;Fill out the claim form provided by your insurer and submit any requir...

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The arbitration process typically involves the selection of an arbitrator, submission of evidence, hearings, and the issuance of an award.;Parties may agree on specific rules and procedures to be followed during arbit...

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Foreign companies operating in Australia must register with ASIC and comply with Australian corporate laws, including tax obligations and reporting requirements.;They must also appoint a local agent to represent the c...

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There's a possibility to claim costs after a discontinued prosecution. Generally, the principle "costs follow the event" applies, meaning the losing party pays the winning party's costs. However, there are exceptions,...

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Freedom of Information requests are handled by designated officers within each government agency, who process and respond to these requests.;Agencies must respond to FOI requests within a statutory timeframe and provi...

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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.

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Businesses must honor consumer guarantees for the quality, safety, and performance of their products and services under Australian Consumer Law.;They are responsible for providing remedies if goods or services fail to...

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Bankruptcy can halt debt recovery efforts and result in the discharge of certain debts.;However, secured creditors may still recover their collateral despite bankruptcy proceedings.

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The Australian Human Rights Commission investigates discrimination complaints and promotes awareness.;It plays a crucial role in enforcing anti-discrimination laws and policies.