Business Law: Contract, Employment, and Company Law
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This presentation provides an overview of contract law, employment law, and company law. It includes case studies and their legal implications. Subjects covered include contract law, employment law, and company law. No specific course code, course name, or college/university mentioned.
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Overview of contract law , employment law and company law Contract law : It is an agreement between two parties to perform an contract binding on both side. For example, contract for sale of goods and services. Case law of Harvey v/s facey Employment law : It is law that regulate the relationship between the employer and employees. For example , case law of City of York council v/s B J grosset Company law It it is a law that govern the companies as per the companies act, 2006. for example, case law of barron v/spotter
Case 1 Salient features of case Gordon is a salesman of Orange computers ltd. Company asked him to forgo salary due to financial crises and he got agreed upon it. Whencompanybegantogrow,Gordonaskedtoprovidehimsalaryand commission as per employment contract and claiming past forgone salary as well. Both employer and employee were of legal age The manager of the company has reduced the company's income Mr . Fred offered Gordan that if it forgo wages and get the commission for the time being. Issue: Whether, Gordon can obtain wages?
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Conti… Application Allthe above laws and case study is applicable over the present scenario. In the present case, Gordon and his employer made an employment contract whichcontainsaclausethatGordonwillgetasumof10000and commission for job. Solution Option 1 : if contract is legal to meet Gordan minimum wagethan it is required to be a binding contract and company is liable to pay minimum wages to the Gordan Option 2 : If contract is illegal company is not guarantee to pay minimum wage to Gordan than company will be liable to pay salary for 2015, 2016 and 2017.
CONTINUE Conclusion From the above rules, case study and applying them on the present case scenario, it can be concluded that, as there is an employment contract between Gordon and Orange computer Ltd., to provide a sum of 10000 along with commission to Gordon. Sine there is valid agreement between Mr fred and Mr Gordan, the existing contact is a binding contract unless the new terms are mutually agreed and a new contract is being signed between the parties
Case 2 Salient features of case: Janet decided to make a contract with virgin media to purchase and install internet package including phone lines. Virgin media installed internet on time but made delay in installing phone lines. Company is asking payment for the whole period including phone bill. Janet is denying to pay phone bill in context to the delayed time period. Issue: What is the legal position of Virgin media Law: Contract: A contract is an agreement between two parties. For exchanging goods or services with each other.
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Conti… Application: Theabove laws and case study is applicable over the present scenario. As per which the Virgin media have breached the contractual term. In this regard, as per provisions of remedy against breach of contract, Jenet have right to claim remedy against Virgin media. Conclusion From the analysis of above mentioned law, case study and applying it over the present case scenario, it can be concluded that Virgin media is a defaulter party in this case.According to the case, the Virgin media is liable to delay in providing assistance to janet. So, janet can claim compensation for the the delay
Case 3 Salient features of case: Blackhorse limited provides security guards to various businesses. Some large customers failed to pay debt to company which resulted in cash reduction. Company's creditors asked for payment or to windup company and pay debts. Issue: what are the different options for avoiding winding up Law Insolvency:It is the situation in which a company fails to pay its debts. Further, there is no scope to get the funds for their payments in near future. Compulsory winding up:A winding up is said to be compulsory, in case the court orders the company to do so.
Conti… Case law: in nStonegate Securities Ltd v Gregorycase, the company fails to pay the debts of Gregory. Gregory appealed into the court for ordering the company for winding up procedure. In this case the court held in favour of stonegate security Ltd. As the amount of disputed. Application: From the application of above laws and case study in the present case scenario, it can analyse that, as the Blackhorse limited does not have ability to pay its debts, due to losing its customers, the government may order the company for compulsory winding up.
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Continue.. Option available if winding up petition against the company Repay the debt Make and informal agreement Required an adjournment Place company into voluntary liquidation
References Brown & Anor v Neon Management Services Ltd & Anor (Rev 1) [2018] EWHC 2137 (QB). [Online]. Available through <https://www.employmentcasesupdate.co.uk/site.aspx?i=ed37361>. STONEGATE SECURITIES LTD V GREGORY: CA 1980. [Online]. Available through <https://swarb.co.uk/stonegate-securities-ltd-v- gregory-ca-1980/>.