Contracts Resources
Overview of the Changes to the Franchising Code of Conduct
Amendments to the Franchising Code of Conduct have now been finalised, and will take effect from 1 July 2021. They will continue, as other changes to the Code have inRead More
How can a contract be terminated?
Terminating a contract can be a tricky issue to navigate around, especially when there are different consequences depending on the circumstances surrounding the termination. What can you do if youRead More
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 the most common forms of breach of contract?
A breach of contract in Australia occurs where one party fails to fulfil its promises under a contract without a lawful excuse. This article will explore four common ways aRead More
