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Category: Commercial Contracts

Sharna Arnold is a Senior Paralegal at Prosper Law
Business

What is a Franchise Agreement?

Franchising is one of the most popular ways to expand a business in Australia. It allows entrepreneurs to run a business under an established brand with proven systems, support, and

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Farrah Motley is an Australian Legal Practice Director
Building and Construction

What Does ‘Fit for Purpose’ Mean?

‘Fit for purpose’ or ‘Fitness for purpose’ obligations sit at the heart of Australian consumer protection and many commercial contracts. If your business supplies goods or services, misunderstanding this concept

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are electronic signatures legally binding
Commercial Contracts

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 to create legal relations and consideration.

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Farrah Motley is the Legal Practice Director of Prosper Law Pty Ltd
Commercial Contracts

What is a Force Majeure Clause?

Force majeure clauses have become increasingly important in business contracts, especially in unpredictable times. These clauses help protect your business when events beyond your control make it difficult (or impossible)

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anonymous person cleaning mirror with sponge
Commercial Contracts

Top 5 Tips for Commercial Cleaning Contracts

In the commercial cleaning industry, having a well-drafted contract is essential. A commercial cleaning contract will provide clarity, help to avoid disputes, and maintain long-term client relationships. A clear and

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Allison Inskip is a Senior Paralegal and highly experienced legal professional
Business

What is an earnout arrangement?

Earnout arrangements are a common feature in business sale agreements, particularly in Australia. These arrangements provide a mechanism for bridging valuation gaps between buyers and sellers by tying part of

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