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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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ASIC is responsible for enforcing corporate laws in Australia, ensuring that companies operate fairly and transparently, and protecting investors.;ASIC's powers include investigating corporate misconduct, imposing pen...

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To obtain a restraining order for family violence, individuals must apply to the court, providing evidence of the violence or threats they have experienced.;The court can issue an interim order for immediate protectio...

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The financial advice industry in Australia is regulated by ASIC, which requires advisors to be licensed and comply with the Corporations Act 2001.;Advisors must adhere to the Best Interests Duty, which mandates that t...

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A partnership agreement should include details on profit sharing, decision-making processes, and dispute resolution.;It should also cover the responsibilities of each partner and the procedures for adding or removing...

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Fault in personal injury cases is determined by assessing evidence such as witness statements, accident reports, and expert opinions.;The concept of negligence, which includes duty of care, breach, causation, and dama...

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Defenses for assault charges in Australia can include self-defense, defense of another person, and lack of intent to cause harm.;The success of these defenses depends on the circumstances of the case and the evidence...

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The essential elements of a valid contract in Australia are offer, acceptance, intention to create legal relations, and consideration.;Both parties must also have the legal capacity to enter into the contract and the...

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Support services for domestic violence victims include helplines, shelters, counseling, legal assistance, and financial support programs.;Organizations such as 1800RESPECT and domestic violence crisis centers provide...

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A Tax File Number (TFN) is a unique identifier for individuals and businesses, used for tax administration and ensuring correct tax payments.;Having a TFN is essential for lodging tax returns, applying for government...