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Business Law and Ethics individual essay

   

Added on  2023-06-10

7 Pages2007 Words267 Views
BUSINESS LAW AND
ETHICS

Table of Contents.
INTRODUCTION...........................................................................................................................3
PROJECT 1 .....................................................................................................................................3
1. UK's Employment Law structure and whom UK Employment Law favours: employers or
employees ?..................................................................................................................................3
2. Do corporations take CSR seriously?......................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business law also known as mercantile law or commercial law is a body of rules or
regulations governing the businesses, companies and organisation conducts, rights and relations
whereas business ethics is the study of business policies and procedures which helps to examine
the moral or ethical hurdles in the business environment (Haugh, 2019). The report will discuss
UK's Employment Law structure and demonstrate whom UK Employment Law favours:
employers or employees? It will further examine that whether Corporate Social Responsibility
(CSR) is actively followed by the corporations or not.
PROJECT 1
1. UK's Employment Law structure and whom UK Employment Law favours: employers or
employees ?
UK's Employment Law is attained from three main sources:
1. Common law which is formed by the custom, practice, judicial decisions and particularly
based on the law of contract;
2. UK's employment legislation who are working in the direction to protect employees
interest since 1970s and examples of statutes are Equal Pay Act, 1970, Health & Safety
at Work Act, 1974, Trade Union and Labour Relations (Consolidation) Act, 1992,
Employment Rights Act, 1996, National Minimum Wage Act, 1998, Employment
Relations Act, 1999, Tranfer of Undertakings Regulations, 2006 etc; and
3. European Law which are now known as UK domestic law after UK left EU.
UK's employment law having one of the best legal frameworks for the protection of
worker's right. The employment law is based on the terms or conditions between employer and
employee which is known as employment contract. UK relied on “open-ended” contract in which
termination can be done by serving notice providing fulfilling the condition of regulation (Rolf,
O'Reilly and Meryon, 2022). A minimum period of notice should be served to the employee as
he is having a statutory right if employed for one month.
The employers have an obligation to protect the health, safety and welfare of their
employees. The Anti-discrimination law i.e. Equality Act, 2010 protects the employees from the

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