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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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Options for raising capital include bootstrapping, seeking investors, applying for grants, and taking out loans.;Crowdfunding and venture capital are also viable options for startups looking for substantial funding.

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A will can be updated through a codicil, which is an amendment to the original will, or by creating a new will that revokes the previous one.;To revoke a will, the testator can destroy the original document or include...

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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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The stages include pre-litigation, pleadings, discovery, trial, and post-trial motions.;Each phase involves different legal procedures and can vary in length and complexity.

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If a debt is not paid, creditors can pursue legal action, which may result in a court judgment against the debtor.;Failure to pay can also lead to additional costs and damage to the debtor's credit rating.

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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.

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Clients receiving legal aid must cooperate with their lawyer, provide accurate information, and notify the legal aid office of any changes in their circumstances.;Failure to comply with these obligations can result in...

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Tenants can apply to a tenancy tribunal or equivalent body to dispute the rent increase.;They should provide evidence that the increase is unreasonable compared to similar properties in the area.

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Relocating with a child requires either the consent of the other parent or a court order. The parent seeking to relocate must demonstrate that the move is in the child's best interests.;Factors considered include the...