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Category: Commercial Contracts

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Commercial Contracts

Your Guide to Australia’s Spam Act

The Spam Act 2003 is the basis of Australia’s electronic communications legislation. Its main goal is to oversee and control the transmission of unwanted commercial electronic messages (CEMs). These commercial

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are electronic signatures legally binding
Commercial Contracts

When is an agreement legally binding?

When is an agreement legally binding? For an agreement to be legally binding, it must meet certain criteria. Australian contract law requires that there is an offer, acceptance, an intention

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Commercial Contracts

What is a Force Majeure Clause?

A force majeure clause is a standard contract clause that exists to protect businesses from situations beyond their control. The term “force majeure” defines events that one party considers beyond

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Business

What is an earnout arrangement?

An earn-out arrangement is an arrangement commonly used in mergers and acquisitions (M&A). An earn out arrangement is where part of the purchase price for a business relies on the

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Commercial Contracts

A guide to unenforceable contract terms

Many contracts contain unenforceable contract terms. These terms are often illegal or prohibited by statute. These clauses are invalid and unenforceable in court. Because of this, unenforceable contract terms can

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