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Legal Environment Management: Summary, Case Law Discussion, Theories, and Risk Management

   

Added on  2023-06-07

8 Pages2180 Words266 Views
1 Running Head: Legal Environment Management
Professor’s name
Student’s name
Institutional affiliation
Date

2 Running Head: Legal Environment Management
Introduction
The subject concerns the legal regulatory framework required by organizations in their
day in day out activities. It entails various objectives such as how to apply the relevant legal
environment knowledge to arising situations, being aware of the existing legal issues and coming
up with strategies to effectively respond to the existing risks, (Boutilier & Thomson 2011).It
also, advocates for the promotion of research writing skills that can play an effective role
evaluating legal information and further looks into existing theories in relation to organizations.
Summary of lectures
In regards to the summary of the topics tackled, topic one concerned how to manage the
legal environment in which the definition was outlined, theories in regards to the regulating and
enforcing environmental laws were discussed and further research into the provisions of the law
looked into, (Magness 2008).
The 2nd topic looked into the theory of governance, its various structures and who bears
the responsibilities and liabilities, the opportunities available and threats that exist in it
The 3rd topic was in regards to how the various legal relationships should be managed,
which include: special contracts such as those of employment or agency and its associated risks
where factors vitiating a contract such as offer and those that can result to breach such as mistake
& misrepresentation were outlined with relevant case laws such as Carlill vs. Carbolic
Smokeball.

3 Running Head: Legal Environment Management
Regarding the 4th week, various obligations arising from the legal environment were
discussed more so the obligation in regards to torts, issues around it and the implications it brings
about.
In the 5th week, a response of the organization towards various challenges was looked
into, such as global challenges i.e. those faced worldwide while local ones are those of a specific
state. In addition, possible risks were also looked into and further ways to come up with
strategies in response to the risks via decision making were discussed, (Ansell & Gash 2008).
Case law discussion
The Australian wheat board case (1999-2005)
The case concerned one of the white collar form of crimes i.e. bribery which was
reported as one of the biggest international case. The company transformed from being run as a
public corporation to a private entity following the occurrence of the events below: The
Company was the biggest supplier of humanitarian goods under OFFP which existed as from late
1996 -2003, (Rogers 2008). During the period it got over 2 billion US dollars from BNP account
through selling over 6m tones of wheat to Iraq in which it paid over $ 2m illegal fee to Iraq that
later become responsible for the inland transportation of its humanitarian goods but due to
privatization the terms had to be changed, (James & Wooten 2010). Following this, the major
trends were in regards to requests for tender by IGB including illegal fees, contracts between
IGB & AWB including illicit fees, requests for added fees outside of the OFFP & AWB
complying to pay the illicit fees. Based on the investigation it was apparent that AWB committed
unacceptable act of paying unlawful fees, thus making the corporation a motivated lawbreaker
and by signing the contracts it made itself a motivated wrongdoer and appropriate target, (Wang
& Pizam 2011).
The Volkswagen scandal
The case concerned an allegation that VW, Audi and Skoda took part in misleading and
deceptive conduct in Australia, where it was discovered that most Volkswagen cars sold in the us
were fitted with a particular software made to evade pollution controls and that almost one
hundred thousand Australians owned Volkswagen that had been affected by the software.

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