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A franchise disclosure document should include details about the franchisor, the franchise system, fees, and obligations of both parties.;It must also provide financial information, contact details of current and form...

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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.

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Cryptocurrency is challenging traditional banking by offering decentralized financial solutions.;Banks are increasingly adapting to the rise of cryptocurrency through partnerships and services.

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Arbitration involves a binding decision by an arbitrator, while mediation seeks a mutually agreed resolution facilitated by a mediator.;Mediation is usually less formal and focuses on negotiation and settlement.

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Franchising offers benefits such as brand recognition, established business systems, and ongoing support from the franchisor.;For franchisors, it allows business expansion with reduced capital investment and operation...

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Compensation for medical negligence can cover medical expenses, lost wages, pain and suffering, and future care costs.;In some cases, compensation for loss of enjoyment of life and psychological harm may also be awarded.

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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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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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Businesses should understand the Australian Consumer Law (ACL) and ensure their practices comply with fair trading regulations.;They should also have clear refund and returns policies and provide accurate product info...

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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.