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Loans Given for Necessaries - Void Contracts
It may happen that an infant asks someone to a loan for buy necessaries like school uniforms or textbooks. Therefore the person that not being aware for the legal prohibition since agrees to lend the money and eventually does so obviously. So now what is the legal position? Because the loan is irrecoverable and the lender cannot sue thus lender for recover the money. Hence this is so since the Act does not include any exception to the prohibition.
Hire-Purchase and Credit Sale - Sales of good A Credit sale is a sale on credit. Whether A buyer of goods may be unable for pay the price in full on once and the seller may let
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Former Assistant Treasurer Bill Shorten has cited estimates, based on ATO expertise, that there are 6,000 phoenix operators in Australia. It is recognised that this estimate is a ‘
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