Quote:
Originally Posted by T3rminator
That is what I dont get. We haven't locked ourselves into anything. There is nothing legally binding in the MOU. If fact, if nothing is explored and we dont do any business with China, we haven't breached anything! The MOU is in the open for all to see. What we need to do is triple our due diligence if anything comes up that could benefit Victoria.
When you sign a deal you are responsible for keeping that deal. That is like me blaming NAB for taking my property if I can't meet my mortgage repayments.
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Yes it's only an MOU. But I for one hope it never goes beyond that.
And do banks also not have laws regarding giving loans to people without the capacity to service those loans? They have been caught before doing it, and the recent royal commission into the banks found plenty of examples of it happening.