Business Law Assignment: Mediums, Employment, and Patents

This assignment delves into key aspects of business law, providing a comprehensive analysis of various business mediums, employment status, and patent law. The first part examines the most appropriate business structures for different clients, including architects, beauticians, and musicians, evaluating the advantages and disadvantages of each. The second part analyzes an employment case study, advising Taran on his employment status and explaining the significance of this determination under the law. The final part explores the criteria for granting a patent under the Patent Act 1977, detailing the advantages and disadvantages of patenting an invention. The document provides a clear and concise overview of these critical legal concepts, offering practical insights for business managers and law students alike.

LAW FOR BUISNES
MANAGER

LAW FOR BUISNES MANAGER.................................................................................................1
INTRODUCTION...........................................................................................................................4
PART 1............................................................................................................................................4
Most appropriate business medium for the following clients......................................................4
A. A group of 20 architects who wish to establish a small business to attract property
developers....................................................................................................................................5
B. Three friends who have just qualified as beauticians...........................................................6
C. An up and coming musician.................................................................................................6
PART 2............................................................................................................................................6
Advise Taran of his employment status at law? Consider why this is important in your answer
.....................................................................................................................................................6
PART 3............................................................................................................................................8
What criterion needs to be satisfied in order for a patent to be granted and what are the key
advantages and disadvantages of patenting an invention under the Patent Act 1977?................8
CONCLUSION..............................................................................................................................10
REFRENCES.................................................................................................................................11

INTRODUCTION
As far as the present scenario is considered in the present world an organization requires
managers who can handle all the day to day problems in an organization. Managers are required
to hold certain knowledge upon the laws in which they are required to be deal by them. This can
be better understood in simple manner as those kinds of rules that is being applied by managers
to achieve task as per the law prescribed for it. Such rules are required to be followed by an
organization in order to solve any kind of issue related to legal aspect in an organization. This is
very much necessary for understanding that manager plays an very important role in an
organization. All this is done with the purpose of accomplishing of task in appropriate manner.
In case manager posses nop knowledge regarding law then it is not be able to manage day to day
tasks. Such kind of practices are of very dynamic in nature as they have tendency to help an
organization to make itself grow in faster and better manner. Further in this file things that is
going to be covered is that there are two parts in this file out of which first part is going to
explain about setting up of business and about investment to be done in it. In the second part an
case study is going to be solved that is going to explain differences between employee and sel-
employment. Then third part is there in which an discussion is to be done regarding Patent Act
1977.
PART 1
Most appropriate business medium for the following clients
As per this scenario various types of organization of business is there which are to be
practiced by the investors for invest of money towards generating of revenue in legal and
appropriate manner. It is an very important for following of proper guidelines that is helping in
running of an organization. In a case like this if aspect is not covered then legal action can be
taken upon the organization. According to modern times various types of aspects has been
introduced and covered which is going to promote or attract small investors in order to invest an
capital within an business organization. Under this legal entity formalities are not that much.
These are being discussed as follows.
Sole Trader: These are that type of business organization in which an business is run by an
individual and also is managed by them only. No other person is involved in process of this kind
of business. It has to deal with the investors by themselves for performing of an business activity
by them. It is easy to perform and no complexity is involved in it. Such kind of business is very
easy in formation. Also very less or no paper work is there no complex mechanism is involved.

Various advantages of these organization are low investment is there and no frequent meeting is
there and also no annual account has to be prepared (Rose, 2016).
Partnership Firm: As per such organizations more than two people come together to
form an business organization in order to run it. All this is done with the main objective of
earning profit. Only two or more than two can form firm. All those activities that is required to
be performed and according to its guidelines given. If is process of formations is very easy to
follow a goal or form. All of this leads towards distinguishing or distribution of work among
partners. Benefit of such organization is that fee for establishing of an business is very low. Also
paper work is not required. It creates less burden upon investors liability is also very limited
Private Company limited by Shares: These are that form of business in which an
organization is required to be handled in proper manner. It is very much essential for
understanding of all those types of guidelines that is mentioned in the Companies act of 2006
and also penalties are imposed accordingly. Business formation is very complex in nature but
provides an legal existence to company. Businesses are performed at large scale platforms. Such
kinds of restriction is there because it is likely to have shares and these cannot be transferred to
public under any kind of circumstances. Also annual account is require to be performed. Main
benefit is that it can gain investors and is having limited liability and also a company can be sued
separately.
In some business organizations roles and responsibility is very different from that of
business. Also along with this it is necessary to take into account that this type of business are
bound to follow guidelines and should be considered for goal achieving.
A. A group of 20 architects who wish to establish a small business to attract property
developers.
As per the situation there are group of 20 architecture that has been planning to establish
small business for attracting of new developers in property. The company they can choose for
formation is Private Company Limited from shares. This is going to bring all property related
business and is required to be performed upon a general platform (Silberman, Stein and Wolff,
2018). This is an huge amount to be invested which is required to be done over management this
is also done in appropriate manner. Major thing is that there has to be an consideration if only
formation of an private company is done and guidelines has to be re directed. For this group is
being required to decide a name of the company that should be unique in itself and memorandum
of association is also prepared which is also known as article of association.All the documents

regarding this is to be submitted to the Companies House with its registration fees (Smith and
Rönnegard, 2016).
B. Three friends who have just qualified as beauticians.
In this situation investors are new and they have been newly graduated in the course of
beautician. In this manner only it is very important to understand the its is required to have start
with an team and focus is required to be opening of partnership this is better option for them.
Due to this the main focus has to be over understanding importance, of an team forming of
partnership firm. Partnership firm is always a better opinion. This is being new investors and
lack of experience about specified field. As per this situation new investors and lack of
experience in this filed. As per the situation partnership is going to be helpful and has to form
under the partnership firm. Thiss is very important for the person to be presented and has to
obtain an HMRC and also an partnership deed has to be made.
C. An up and coming musician.
As per this situation an investor is required and is also willing to perform all business
activity. In this no profit sharing is there. So, it becomes very important for investor in helping of
sole trader to share business. For commencing of sole trader very less complexity is there and an
business magician can set-up easily. Also less documents are required for an business of such
kind to set-up. No paper work is required to star such organization (Swan, 2016). This is the
reason why musician is responsible for getting a national insurance number with HMRC. Only
these two documents can help in legally starting a business related to music in correct way and
also is going to lead towards completing of goals in smooth manner.
PART 2
Advise Taran of his employment status at law? Consider why this is important in your
answer
Case Scenario: Regarding the situation Taran has found a job in which Sleek Driving
Ltd has been looking for an self-employed to carry out goods. to fulfill criteria of job certain
documents are required that includes clear driving license and a personal vehicle which should
be there at workplace. Also pressure is also not going to be put upon the workers regarding work
done by them. According to the scenario, Taran has entered into contract with Sleek Driving Ltd.
Due to this taran is not happy because of job advert and has been misleaded through the
guidelines. An clause says that 30 hours of work is mandatory and also uniform is compulsory
with logo of company.

Employment law: In this an legal law is that which has been formed through legislative
body that exist within UK. According to this it is necessary to understanding of relationship that
is required for maintaining between employer and employee. Under such circumstances the laws
cannot be breached by them and legal action has to be taken against them. Such laws are those
type of law in which guidelines has been given for treating an employee by the employer and
also employee has to perform those activities within the workplace. Certain type of work has
been given to an employee and is required to be performed and fixed amount of wages is paid for
work done. As per these circumstances and employee is not having any right to work for less
time that has not been mentioned under the employment law. These are that circumstances under
which rights and duties of both employer and employee are protected. It is very important to give
guidance and then assign work has to be done within require period of time. Also they should be
make aware of the to give guidance circumstance of violating any rule mentioned under
guidelines of the company
Self-employed: In this state a person has to work for themselves and not for the
employer. The way of working is style of generating an general and is selected by themselves in
order to find out the best suitable performing of an activity. As self- employed is an independent
contractor which has been directly formed a contract with business entity to make profit. In this
contract it is the liability of the contractor to pay taxes and also introduce all kinds of essentials
product and services which is required for an work to be done. This is very much required to
understand these types of contracts, the persons has not to been considered to be in then category
or division of employment law. It is also required to follow the orders that is related to
employment law and all guideline present in it. Various advantages is there that is being given to
an employee and is not be able to provide in it. Under any kind of circumstances an company or
the party to be contracted cannot force self-employee to work according to criteria (Theron,
2017)
Contact law: In simple manner it is that kind of law that allows formation of agreement
among two parties takes place is known as contract law. These are among those agreement in
which an parties are bound to follow. These are among those laws that has its own importance as
it provides guidelines that is to be considered during period of time specified in contract. Under
any condition essential elements of the contract should be kept in mind so that validity of

contract in the eyes of law is maintained. Also in these forms of agreement performance of task
is done to achieve it. As per the case it can be seen that offer has been made from the side of
Sleek Driving Ltd with a clause in which there was no restriction. Then after words it was found
that Taran has been forced to follow some of those terms and condition which are completely
different then told under contract. In other words there was no mention regarding the work that
has been forced upon Taran.
Breach of Contract: In this kind of situation in which one party does not have to perform
its part of work that leads to incompleteness of the agreed contract and it cannot be competed for
specific time period. Legal action has to be taken upon the defaulted person (Gielnik, Zacher and
Schmitt, 2017). As per the scenario it is going to be crucial for Taran to seek that Sleek Driving
Ltd has breached the terms and condition of the law.
After having the analysis on different laws and policies, it can be easily identified that Sleek
Driving Ltd doesn’t have the right to force to Taran to wear the uniform and neither they can ask
him to work as per their guidelines. It is because the status of Taran is all about self-employed
rather than employee(Allen, Kraakman and Subramanian, 2016). But, if they forceTaran to stick
with the guidelines then he has the option to sue against the organization were charges of breach
of contract can be easily imposed. Also, employee benefits will be provided to Taran till the date
he was forced to work as employee of a company. And company will have to understand about
the difference between employee and self-employed as well as the important of contract law.
PART 3
What criterion needs to be satisfied in order for a patent to be granted and what are the
key advantages and disadvantages of patenting an invention under the Patent Act 1977?
Patent Act 1977: The rules and regulations that is related to providing of rights tom all
persons or an institution that has given specific contribution or has developed an unique
technology and has helped in easing down of life of people living in society such laws are known
as patents laws. These are basically being given under the Patent Act 1977 it has provided the
rights to people for a period of 20 years and for this an annual fees has to be paid and deposited.
If anyone or an company has to utilize these invention then for such purpose permission is

required.. As registration is there over it, is it is necessary to follow guidelines and meetings this
can be done under following circumstances given below:
It is very important to understand that an invention must be new and unique as should not
resemble any kind of invention (Trafford-Walker, 2016)
 Registration should have been done in the office of Intellectual property UK.
 It is one of the most biggest process and is essential to understand that till the time data
process is going on no information should be shared.
 Invention should be beneficial in improving economic condition of a nation
It is very important to understands that if rights are required for obtaining then under such
condition all of the above mentioned guidelines should be followed. Under any
circumstances inventors fails to do so then it is not going to be possible for them to obtain
rights according to the act. Any person does any kind of invention. Some advantages and
disadvantages has been explained below:
Advantages
 When an person gets the rights as per rules under the act, then he or she can restrict other
people from using it.
 As other people is not able to use the invention additional benefits of competitive
advantages can be taken.
 Different kinds of prices can be charged for giving rights to another person.
 Any condition people copies the rights then legal action can be taken against them.
Disadvantages
 Keeping information secret is much required and also it is a very long process.
 Amount related to be paid for patent is very huge that does not allow small investors to
register themselves.
 Time period that has been given under the act is 3 to 4 years which is also time
consuming.
Under certain circumstances, people shall not forget to do payment of annual fee or else the
patent is going to lapse (Wilson, 2016).

CONCLUSION
From this file it can be concluded that law of business manger is one of the most
important because it helps in getting an idea about how they are required and can take correct
decision. Their ability of taking decision is going to give an opinion for organizing of goals that
has to be accomplished and if some problem has occurred then wrong decision has to be
analyzed that were taken. Various business entities are there and has different incorporation
process and fees is different. Also these business activities allow the small investors to invest
capital in it over attaining of goals. An entity cannot treat an self employed as an employee due
to it there has been a certain restriction that is going to be imposed by an employer and not upon
self employed. Finally patent has right to allow these investors for taking benefits in longer
period through which targets can be completed.

REFRENCES
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