Contract law forms a key foundation of Australia’s legal system. Contracts provide the fundamentals for most commercial and non-commercial interactions.
Irrespective of the contract being written, oral or a combination of both, chances are that you are right now a party to at least one contractual agreement, whether you realise it or not.
When you buy or sell a business, a business lawyer will assist you in transferring ownership of it’s rights, liabilities and assets of the business. It is imperative that these are identified early to ensure that they are correctly included in the business sale contract to avoid any problems at a later stage.
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