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How Do Non-Compete Clauses Work?
A non-compete clause, also known as a restraint of trade clause, is a clause which protects businesses from having a party compete or work against them. Such a clause existsRead More
What is Private Labelling?
Private labelling involves a product being bought off by a third party but sold under its own brand name. The retailer has full control over the product or products suchRead More
What is a promissory note?
A promissory note is, simply, a written instrument under which the issuer (or maker) unconditionally promises to pay an agreed sum to the payee. This payment can be made atRead More
What is a Discretionary Trust?
A trust is a legal agreement between one party to hold assets for the benefit of another. The party which holds the assets is known as the ‘trustee’ and thoseRead More
What are pleadings?
Pleadings are the formal documents parties must file with the court before a case. Pleadings should clearly outline a plaintiff’s claim and a defendant’s response to the claim. They presentRead More
What Does Pty Ltd Mean in Australia?
The words Pty and Ltd are commonly seen on company names and documents, however the meaning behind these terms is not as well known. Within this article we will breakRead More
What Is Share Vesting?
Share vesting is not a type of share but refers to the nature of a share – with that being said, a vested share is a share which is availableRead More