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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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A contract can be modified legally by mutual agreement of the parties involved.;The modification should be documented in writing and signed by both parties to ensure it is enforceable.

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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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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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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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To enforce an arbitration award, one must file an application with the relevant court.;The court may recognize and enforce the award unless there are grounds for refusal under the arbitration laws.

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Employers can be held liable for defamatory statements made by employees if the statements were made in the course of their employment.;Employers should have policies and training in place to prevent defamatory statem...

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A lawyer can provide legal advice, help gather evidence, and represent you in negotiations.;They can also assist with understanding the claims process and potential outcomes.

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Australia follows a process involving the negotiation, signing, and ratification of treaties, followed by legislative implementation.;The treaty is tabled in Parliament for consideration before it becomes legally bind...

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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.