Blog
Home / Blog
Blog
What is a Rescission of a Contract?
Generally speaking, a contract becomes binding once it is signed by all parties. A binding contract is required to be performed in accordance with its terms and conditions. There are several instances where the contract is no longer binding. Rescission of a
What is intellectual property? And how does it affect you?
Similar to any other assets where the value is tangible, intellectual property produces tangible value that often accumulate over time and appreciates in value. Therefore, the intellectual property of a business or a person is a valuable asset. This is common
Have you been dismissed from your employment unfairly?
Employees are protected from unfair dismissal where an employee is dismissed from their employment with no reasonable grounds. An unfair dismissal application is normally lodged with the Fair Work Commission of Australia. The Fair Work Commission reviews the
What is bankruptcy and how does it work?
The difference between bankruptcy and insolvency is that bankruptcy takes place with the individual whereas insolvency applies to a corporation. There isn’t necessarily a threshold in order for someone to be part of a bankruptcy proceeding or subject to
What is franchising and how to operate a franchise?
A franchise normally takes place where a successful business establishes a system that has an efficient operation of that business and is considered to be a unique and effective system. This may be a petrol station, or restaurant, or any other type of other
How can you protect your business assets?
Most successful businesses have structures where their assets are distributed in such a way that if some unforeseeable and detrimental event takes place, the business does not necessarily lose all its assets. Corporate restructuring In some instances, a