BTEC Unit 7 Business Law Report: Case Analysis and Solutions

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Added on  2023/02/02

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This report provides an overview of business law, focusing on case studies related to contract law, employment law, and company law. It begins with an introduction to business law, emphasizing its role in regulating business operations. The report then presents three case studies, each exploring different aspects of business law. Case 1 examines a contract dispute between Gordon Works and Orange Computer Ltd, analyzing the impact of contract and employment law. Case 2 involves a contract between Janet and Virgin Media regarding internet and phone line installation, focusing on company law. Case 3 discusses a loan taken by Blackhorse Ltd and its creditors, addressing the concept of winding up and alternative dispute resolution (ADR). Each case includes an analysis of the relevant laws and a conclusion. The report concludes by highlighting the importance of business law in maintaining peace and facilitating successful business activities. It also mentions various sources of UK laws, and different types of companies that need systematic management to earn benefits.
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BUSINESS LAW
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Content
Introduction
Case 1
Case 2
Case 3
Conclusion
References
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Introduction
Business law is called as a laws which deals which regulate the
dealing between people and moneymaking matter. It starts
from the day of setting up of new business organisations. It do
have a systematic manner that need to be followed by every
association as it is mandatory to be followed. It is also called
as corporate law.
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CASE 1
Case Study: There was a contract between Gordon works and
Orange Computer Ltd that they will they pay Gordon £10,000
and commission payments (at 9%). But due to tough competition
in the market they changed their contract agreement that they
will only pay commission amount to Gordon as company is
running in loss.
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Contract law: It can be described as the method to enter into
any agreement. It is necessary that contract must be valid and
should have a valid reason else it will be counted as void.
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Employment Law: This is one of those law which have been
made enforceable just to protect the rights of employer and
employees (Simkovic and McIntyre, 2014). It is one of the
important law which helps to decide what can be the actual
wages rate that need to be paid to every employee’s.
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Conclusion of the case: From both of the given law, it can
be easily understood that Gordon must get the amount from
Orange Ltd because the main reason behind entering into new
contract was just that company is facing suffering losses. As,
market position was bad so Gordon decided to enter into
contract.
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CASE 2
Case Study: In the given case study, it can be seen that there
was a contract between Janet and Virgin Media for the purpose
of installing internet and phone line. At the time of installing the
cable of telephone, engineer didn’t found the switch point so he
just installed the internet line. As, engineer didn’t found the line
so he went back and did not return to install the cable line.
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Company law: It is defined as the law which is registered under
Companies Act 2006. It is very important to follow the rules
and regulation of company law as per the given guidelines.
The main motto of company law is to guide every
organisation that how official decision can help to achieve
goals.
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Conclusion of the Case: From the given situation, it can be
understood that Virgin Media id not allowed to take additional
charges from Janet because it was their default that they
installed the telephone line was late.
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CASE 3
Case Study: The given case is related with the Blackhorse Ltd
and its creditors. Here, Blackhorse have taken the loan from
credits which amounts to £100,000.
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Winding up: this is one of those process of company law
through which legal existence of company is almost over. They
are not allowed to perform their duties and task. But for that
order must be passed from court which is mandatory.
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