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An agreement is a mutual understanding between parties, while a contract is a legally binding agreement enforceable by law.;Contracts must contain all essential elements, whereas agreements may lack enforceability.

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Legal aid is available for some immigration matters, such as refugee claims and appeals, but eligibility criteria must be met.;You should contact your local legal aid office to determine if your specific immigration i...

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Property boundary disputes in Australia can be resolved through negotiation, mediation, or taking the matter to a land or civil court.;Surveyors may be employed to provide accurate measurements and reports to assist i...

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Small businesses must register for an ABN and possibly GST, and they need to comply with payroll tax and superannuation requirements.;Income tax returns must be filed annually, and businesses should keep accurate fina...

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Time limits vary, but most claims must be filed within 3 to 12 months of the incident.;It's crucial to be aware of these deadlines to avoid losing the right to claim.

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Franchise disputes are typically resolved through mediation, arbitration, or legal proceedings as outlined in the franchise agreement.;The Franchising Code of Conduct requires parties to attempt mediation before proce...

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The Australian Taxation Office (ATO) is responsible for collecting revenue, administering the tax system, and ensuring compliance with tax laws.;The ATO provides guidance, processes tax returns, conducts audits, and o...

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A testamentary trust is created through a will and comes into effect upon the testator's death, whereas a living trust is established during the testator's lifetime.;Testamentary trusts are often used for managing ass...

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IP Australia is responsible for administering intellectual property rights and offers services such as registration, education, and enforcement support.;It provides resources and tools to help individuals and business...

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Bankruptcy significantly impacts your credit rating, making it difficult to obtain credit in the future.;The record of bankruptcy remains on your credit report for up to five years or longer in some cases.