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
What is an Affidavit?
An affidavit is a written account of someone’s evidence or statement of facts where the contents are sworn or affirmed to be true. Affidavits are used in court as evidence.Read More
What are the pros and cons of being a Sole Trader?
Operating a business as a sole trader has its pros and cons, and there are a lot of factors that determine whether this structure is appropriate for your business. ARead More
