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Business Law Assignment - P3 Impact of company, employment and contract law on a business

   

Added on  2020-10-22

14 Pages4209 Words456 Views
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Business law
Business Law Assignment - P3 Impact of company, employment and contract law on a business_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Enclosed in PPT..........................................................................................................................1TASK 2............................................................................................................................................1P3 Impact of company, employment and contract law on a business.........................................1TASK 3............................................................................................................................................3P4 Suggesting different legal solutions for various problems....................................................3P5 Justification of the legal solution suggested..........................................................................5TASK 4............................................................................................................................................6P6 Recommending legal solution based on a different legal framework....................................6CONCLUSION................................................................................................................................8REFERENCES..............................................................................................................................10
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INTRODUCTIONEvery organisation, for its smooth and hurdle free operation needs to comply with variouslaws and legislation. It is mandatory for every business to adhere with relevant provisions as afirm is established by the procedure of law only and it ended with following legal procedure aswell. Hence, it is essential for an entity to follow laws such a company, employments, contractetc. In the present report, a detail discussion related with various laws and its compliance withbusiness firm Gateway Telephone System is discussed. The nature of legal system in UK and itsimpact on business is presented. For various legal problems related with employments, companyand contract law, separates legal solutions are provided. Along with regulations related withformation of a company, distribution of assets to creditors, alternative dispute resolution measurein from of arbitration is presented to the management of Gateway.TASK 1Enclosed in PPTTASK 2P3 Impact of company, employment and contract law on a business1.Procedure of formation of a company and potential impact of not following the legalprocess:Memorandum of association: Section 8- all the members of the company mustsubscribe to the MOA. This includes basic details if the company such as name, addressof registered office etc (Wenger, 2017).Articles of association: section 9 (5) (b)- this defines rules and regulation of thecompany.Statement of capital and initial shareholdings: this defines the share capital andshareholding of the company.Statement of proposed officers: the name of the directors, their address and contactmust be defined here.Statement of compliance s 13- this states that all legal and procedural requirements areduly complied with.Naming the company: the name fo the company must not be identical or similar toalready register company. It must mot resemble any national or religious logo, must notheart sentiments of any community or people or individual. 1
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In case correct steps are not followed the company might not get registered and in case itgets registered and after a lag is find out the registration can be canceled with immediate effect.2.Legal implication of quick Brexit implementation and effect of business withresignation of Mrs Jubilee from business:Issue: Whether quick Brexit policy implementation is correct and what are employments rightsavailable to Mrs. Jubilee.Gateway can face legal processions as Brexit have not yet been finalized and act of theorganization can be deemed as offensive of the citizens on the European union. The policy of theMr. Howells is nor rights as UK is still part of EU, hence an offensive act against the people ofwhole EU can not be termed as a righteous action. Mrs Jubilee have following employmentrights as per employment act:to receive national minimum wages,to be protected against unlawful discrimination and deduction from wages,to get paid levers and holiday The resignation of Mrs Jubilee might have a negative impact on the staff and workers andmanagement may be compelled to rethink about their Brexit policy application.3.Legal issues with CAL and consumer rights act, 2015:Issue: What provisions are applicable, related with quality of the products which operation staffmust know.Provisions of consumer Rights Act 2015: Basic rights of consumer available are:rights to;safety, be informed,Choose,be heard,satisfaction of basic needs,to redress,Consumer education,a healthy environment.2
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