Posts by nathan-creativeserumcom
Executing Contracts – General
In Brief It is important that contracts are signed by individuals who are properly authorised to do so by their contracting entity. Failure to execute in accordance with proper authority may result in losses arising from inability to enforce the contract
Read MoreExecuting Contracts – Companies
In Brief For companies, the Corporations Act (Cth) 2001 sets out several methods of execution, (see sections 126 (individuals signing on behalf of a company) and 127 (execution by company officers).
Read MoreCredit Control – Preparing for Contract
In Brief Before you sell goods or services on credit terms, ask yourself “What are the ramifications to my business if the customer doesn’t pay?” Carry out due diligence (enquiries) on your customer’s company to a level appropriate to ensure that you can make an informed decision about your risk in extending credit to the…
Read MoreCredit Control – Policy and Management
In Brief Develop a credit policy that will support the cash flow needs of your business while also meeting the market demands of your customers – “will I get this sale at all if I don’t extend credit”? Explore taking security if you really must extend credit to a customer that is a credit risk.
Read MoreMediating Disputes
In brief Mediating to resolve a dispute is fast and cheap compared with other methods of dispute resolution.When successful it can provide the parties with a much wider range of pathways forward than the judgment of a court – this is because mediation focuses on the interests of the parties, rather than the rights of…
Read MoreCloud Computing
In Brief Cloud computing enables a user to hold and access their data over the internet. The data is held in the cloud on servers hosted by a third party provider (supplier). A Software as a Service (SaaS) agreement is a sub-category of cloud computing. This model comprises a standard online platform and grants Users…
Read MoreMediation Law Guide
Mediation Law Guide Navigating the intricate landscape of alternative dispute resolution strategies is crucial for effective understanding of the many ways disputes can be dealt with without going to Court. Mediation, renowned for its cost-effectiveness and flexibility, stands out as a favorable alternative to traditional court proceedings. This article delves into the various ways dispute…
Read MoreEmployment Law Guide
Welcome to our Employment Law Guide Navigating the complex landscape of employment law is essential for employers, employees, and HR professionals alike. This guide is designed to provide a comprehensive overview of key concepts, regulations, and best practices in the field of employment law. Whether you’re seeking to understand the legal rights of your employees,…
Read MoreInsurance – A Guide for Project Managers
In Brief Setting the types and levels of insurance policies a Principal requires is an important part of the procurement process. There is not a lot of point in a contractor having unlimited liability under the contract if a claim of any significance will result in the contractor going into liquidation.
Read MoreContract Law Guide for Businesses
Unlocking Contract Law: A Comprehensive Guide to Essential Principles for Individuals and Businesses Navigating the intricacies of contract law is an essential skill for both individuals and businesses. From understanding the fundamental components that should be incorporated into a contract to the nuanced process of executing agreements, each aspect plays a pivotal role in ensuring…
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