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Goods and services are often provided to people who fail to pay for them. Those who owe money are called debtors. Those who are owed the money are their creditors. There are strategies that encourage repayment of debts and debt collection processes.

12 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 721 | Lượt tải: 0

A cartel exists where two or more businesses which should be operating in competition with each other agree to cooperate rather than act independently. Prohibited cartel conduct includes: price fixing restricting outputs in the production and supply chain allocating customers, suppliers or territories bid or tender rigging. Breach requires in...

28 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 923 | Lượt tải: 0

Where a charge is or may be made for the provision of the credit and the credit provider provides the credit in the course of a business the debtor is a natural person or a strata corporation the credit is or is intended to be , provided wholly or predominantly: for personal, domestic or household purposes to purchase, renovate or improve resid...

27 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 723 | Lượt tải: 0

1 January 2011, the Trade Practices Act 1974 (Cwlth) became the Competition and Consumer Act 2010 (Cwlth), (CCA). 1 January 2011, the Australian Consumer Law, (ACL), Schedule 2 of the CCA, became fully operative. The ACL has overcome the constitutional difficulties confronted by the TPA, replaced all state and territory fair trading legislation a...

43 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 819 | Lượt tải: 0

Sale: Property or title in the goods passes to the buyer at the time the contract is made. Agreement to sell: Title or property in goods is to pass at some point in time after the contract is made.

28 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 597 | Lượt tải: 0

Insurance law is concerned with the relationship between two persons. One person (the insurer) agrees to compensate or indemnify the other (the insured) for any loss sustained on the happening of a particular event. Insurance is regulated by common law and legislation. Relevant federal legislation includes: Insurance Contracts Act 1984 Life ...

25 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 783 | Lượt tải: 0

‘Leasehold interest’ in land is created by the formation of a lease. This is a contract between two parties: lessor (landowner) lessee (tenant). Lease gives the lessee exclusive possession of real property for a fixed period in exchange for payment (rent). Regarded as an estate in land.

41 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 646 | Lượt tải: 0

Precedent condition A term that must be satisfied before the contract can be enforced. Subsequent condition A term that will terminate the contract due to either the occurrence of a particular event, or a particular act of a party to the contract.

32 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 870 | Lượt tải: 0

Voidable contract if: one party did not understand what he/she was doing because of the condition they were in, and the other party in the contract knew of the condition. Voidable at the option of party in a)

29 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 619 | Lượt tải: 0

Not all agreements give rise to legally enforceable obligations. People who make agreements must intend the agreement will give rise to a legally enforceable obligation. The law makes some presumptions about this depending whether the agreement is of a social, domestic or commercial nature.

27 trang | Chia sẻ: huyhoang44 | Ngày: 21/03/2020 | Lượt xem: 841 | Lượt tải: 0