Legal Aspects of Business

Legal Aspects of
Business

Contents
INTRODUCTION...........................................................................................................................2
MAIN BODY..................................................................................................................................2
G Ltd for guests at the Cheltenham Festival event might make it criminally liable for bribery. 2
Whether G Ltd.’s plans to expand its corporate entertainment program may give rise to
allegations of bribery...................................................................................................................3
Recommendations to avoid future allegations of Bribery...........................................................4
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5
1

INTRODUCTION
Legal aspects basically mean that the accounts and books should depict appropriate legal
position of any company. Present report will lay emphasis on G Ltd who are specialised in
providing the personal protective equipment. It has also been analysed that the company is
considering the possibility of hosting much more extravagant events. Report will lay focus on
Whether the hospitality provided by G Ltd for guests at the Cheltenham Festival event might
make it criminally liable for bribery
MAIN BODY
G Ltd for guests at the Cheltenham Festival event might make it criminally liable for bribery
It has been analysed from the case study that G Ltd is been involved in providing extravagant
hospitality services to their guests. They also have access to bars. This is basically been done by
company in order to gain competitive advantage. The BOD has recently learned that one such
competitor was been involved in taking bribery.
UK’s Bribery act 2010 can be applied to bribery committed by companies and any
individual in any part of United Kingdom. Offence of Bribing the other person includes the
following:
A person can be held guilty if they are been involved in any of the cases which is mentioned
below:
 A person provides financial advantage or any other sort of advantage to other person
The advantage is been intruded by the person because of the following reasons:
 To motivate a person so that they can perform inappropriately
 To reward a person when they have miss-conducted any activity or task
The other case which can be considered in this situation and can also held an individual or
person liable for committing the act of Bribery includes the following:
 Person has promised to give financial advantage to another person
 The other person has a proper idea that the acceptance of an offer would be
unappropriated if been functioned.
In the present case situation, the G Ltd company can be held charged for bribery under the
United Kingdom’s act or law (Sobiecka, 2017). The act makes it an offence when they bribe
another person, accepts any type of bribery and also are engaged in bribing any type of public
official. Severe cases can be charged against them if they are been involved in any such type of
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