Compensation may be defined as ‘A monetary remedy that is awarded to a person who has sustained damages or an injury and it is given in order to replace the loss caused by the damage done or injury sustained.’ The most common injury claims are related to Workers injuring themselves at work or travelling to …
Most credit arrangements, or contracts, are covered by the Consumer Credit Code (CCC). Before a credit contract is offered the borrower must be given a statement by the credit provider which is document that sets out the borrowers rights and obligations must also be provided. Some of the items which must be disclosed under the …
The Consumer Credit Code – Protection for Borrowers Read More »
What is a Crime? There are many Crimes or Offences. A lot are contained in the Crimes Act but many more are contained in other Statutes both of the State and Federal Parliaments. The range of Offences vary from Murder down to Parking. Most criminal matters are commenced by the Police or the Director of …
The common law rule is that if you find something of value and you take all reasonable steps to find the owner but fail, then you may be able to keep the goods. There are various adaptations of this rule, depending on state-to-state legislation, but the principal remains the same. You must report your find …
Such a trust is created by a will. It takes effect when the trust creator (the settler) dies. Other trusts, such as discretionary or unit trusts, are created by a deed and come into effect as soon as the settler executes the deed and settles property upon the trust. In all cases the settler must …
Is There any Advantage in Creating a Testamentary Trust? Read More »
