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Consideration refers to something of value exchanged between the parties, which is essential for a contract to be binding.;It can be in the form of money, services, or a promise to perform (or not perform) certain act...

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You can travel overseas while bankrupt, but you must obtain written permission from your trustee.;Failing to get permission can result in penalties, including extending your bankruptcy period.

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In Australia, the Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA) oversee the regulation of interest rates for loans.;Banks and financial institutions also have their own inte...

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Payday loans in Australia are regulated by the National Consumer Credit Protection Act 2009, which caps fees and interest rates that lenders can charge.;Lenders are also required to assess the borrower's ability to re...

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Public figures can sue for defamation, but they may face a higher burden of proof, needing to show that the defamatory statement was made with actual malice.;Public figures often use defamation lawsuits to protect the...

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Arbitration awards are generally binding and enforceable under the law.;They can be enforced in the same manner as court judgments, with limited grounds for challenge.

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Compensation may include medical expenses, lost wages, and rehabilitation costs.;Additionally, claimants may receive compensation for pain and suffering.

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Schools are required to provide reasonable adjustments to support students with disabilities.;This includes tailored education plans, specialized staff, and accessible facilities.

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Disputes between shareholders and directors can be resolved through mediation, arbitration, or litigation, depending on the nature and severity of the conflict.;The Corporations Act 2001 provides legal avenues for sha...

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To obtain a patent in Australia, you must file an application with IP Australia, which examines the application for novelty and inventiveness.;Once granted, patent protection lasts up to 20 years, provided maintenance...