Posts by nathan-creativeserumcom

In Brief The Consumer Guarantees are a set of assumptions that the Australian Consumer Law makes about the provision of goods and services to a consumer. They include guarantees by suppliers that goods and services

In Brief A non-binding agreement is usually called a Memorandum of Understanding where there will be no further agreement later, or a Heads of Agreement, Commercial Terms Sheet, or Letter of Intent where the parties intend to create a legal relationship between them later. For this Article, the whole range has the name MOU

In Brief Do at least basic due diligence before every deal, even if you know the party well. Due Diligence enables you to understand who you are really contracting with, as opposed to what their marketing information may say.

In Brief The Australian Consumer Law regulates the use of standard form contracts with consumers and small businesses via the Unfair Contract Terms regime. A standard form contract is essentially a consumer contract or small business standard contract

In Brief A contract variation occurs when the parties agree to do something differently from that originally agreed (but the remainder of the contract remains unchanged).

In brief Special clauses dealing with intellectual property, privacy/data protection, indemnities, insurance, force majeure and the like will be more or less relevant depending on the nature of the contract.

In brief Every legally binding contract should answer 6 questions: Who, What, Where, When, How and How Much?