Commercial Law

Retention of Title Clauses

Credit can be a red flag for many business owners. Why? When customers are given credit for goods, there is a risk they will never receive the payment for the goods. A Retention of Title clause can provide a business with protection if they are concerned about not receiving payment from the buyer. This type…

Commercial Law

Breach of Contract QLD

Breaches of contracts in Queensland Contract law What is a contract? Contracts are a crucial part of day-to-day life in Queensland and in Australia as a whole, so much so that we are entering into them everyday, often without even realising. A contract is defined as a “legally binding agreement that recognises and governs the…

Commercial Law

Contract Law – QLD

When is a contract legally binding? Not all contracts are traditionally written and signed; therefore, it is dangerous to assume that an oral agreement is not a legally binding contract. Whether a contract contains enforceable promises or not, affects whether it is binding or non-binding. Binding vs non-binding: A non-binding contract is an agreement in…