BTEC HND Business Law Unit 7: Contract, Labor, Company Law Analysis

This report provides a detailed analysis of business law in Vietnam, focusing on contract, labor, and company law. It examines a specific contract for the sale and acquisition of goods, highlighting legal issues related to quality, specifications, and responsibilities. The report also explores labor law scandals and company law issues, analyzing their impact on business operations. It includes recommendations for legal solutions, discussing options for resolving disputes in each area. Furthermore, it covers the types of business organizations, their benefits and drawbacks, and the management of business organizations, including the roles of shareholders, CEOs, and other key figures. The report concludes with an overview of capital raising methods and their implications.

ASSIGNMENT 2 FRONT SHEET
Qualification BTEC Level 4 HND Diploma in Business
Unit number and title Unit 7: Business Law
Submission date 1-7-2021 Date Received 1st submission
Re-submission Date Date Received 2nd submission
Group number:
Student names & codes Final scores
1. Nguyễn Viết Phú Nguyên
2. Hoàng Trần Nhật
3. Tạ Văn Khoa
4. Dương Thanh Thúy
Class GBD0805B Assessor name
Student declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I
is a form of malpractice.
P3 P4 P5 P6 M2 M3 M4

OBSERVATION RECORD
Student 1 Nguyễn Viết Phú Nguyên
Description of activity undertaken
INTRODUCTION
Legal CONTRACT LAW
Assessment & grading criteria
How the activity meets the requirements of the criteria
Student
signature: Date:
Assessor
signature: Date:
Assessor
name:

Student 2 Hoàng Trần Nhật
Description of activity undertaken
For Distinction only
TYPES OF BUSINESS ORGANIZATION
MANAGEMENT OF BUSINESS ORGANIZATION
Assessment & grading criteria
How the activity meets the requirements of the criteria
Student
signature: Date:
Assessor
signature: Date:
Assessor
name:

Student 3 Tạ Văn Khoa
Description of activity undertaken
ISSUE OF LABOR LAW
Assessment & grading criteria
How the activity meets the requirements of the criteria
Student
signature: Date:
Assessor
signature: Date:
Assessor
name:

Student 4 Dương Thanh Thúy
Description of activity undertaken
ISSUE OF CONTRACT LAW
Assessment & grading criteria
How the activity meets the requirements of the criteria
Student
signature: Date:
Assessor
signature: Date:
Assessor
name:

 Summative Feedback:  Resubmission Feedback:
Grade: Assessor Signature: Date:
Internal Verifier’s Comments:
Signature & Date:

Contents
INTRODUCTION ..............................................................................................................................................................9
I. Issue of Contract Law .......................................................................................................................................... 10
1. Contract for the sale and acquisition of goods (number: 30/TB/HB/H2020-HP) ........................................... 10
2. The main article relates to the issues .............................................................................................................. 12
3. Draw attention to the legal issues ................................................................................................................... 12
4. The influence of legal issues on a company's operations ............................................................................... 13
5. The chosen contract's main validity ................................................................................................................ 13
Form .................................................................................................................................................................... 13
Consideration…………………………………………………………………………………………………………………………………13
Legality…………………………………………………………………………………………………………………………………………….13
Capacity ............................................................................................................................................................... 14
Two Companies' Seal ........................................................................................................................................... 16
II. Issue of Labor Law ............................................................................................................................................... 17
1. Scandal of Labor Law ....................................................................................................................................... 17
2. Point out the legal trouble .............................................................................................................................. 18
3. The impact of legal trouble on business operation ......................................................................................... 18
III. Issue of Company Law ..................................................................................................................................... 18
1. Company Law Scandal ..................................................................................................................................... 18
2. Point Out the Legal Trouble ............................................................................................................................ 19
3. The effect of legal issues on the functioning of a company ............................................................................ 19
4. Examining other wider laws, rules, or standards that have an impact on the company ................................ 20
IV. Recommendations .......................................................................................................................................... 21
1. Legal Solution of Contract Law ........................................................................................................................ 21
2. There are two options for resolving the conflict. ............................................................................................ 21
3. Legal Solution of Labor Law ............................................................................................................................. 21
4. There are two options for resolve the dispute. .............................................................................................. 22
5. Legal Solution of Company Law ...................................................................................................................... 22
6. There are two options for resolving the conflict. ............................................................................................ 22
7. Ways to obtain legal solutions ........................................................................................................................ 23
8. Singapore's most popular dispute settlement method .................................................................................. 24
V. Types of business organization ........................................................................................................................... 24
1. Main different types of organization .............................................................................................................. 24

2. The benefits and drawbacks of two kinds ....................................................................................................... 26
3. In Vietnam, the most common form of company structure is a partnership. ................................................ 27
VI. Management Business Organization ............................................................................................................... 28
1. Shareholders’ role in managing the company ................................................................................................ 28
2. CEO/ Director’s duties in managing the company .......................................................................................... 29
3. Secretary with respect to the role, duties, and qualification .......................................................................... 31
4. In terms of functions and power/rights, the auditor ...................................................................................... 31
5. The way the company raises capital with Share Capital ................................................................................. 32
6. How the business uses Loan Money to obtain capital .................................................................................... 32
Conclusion ................................................................................................................................................................... 33
Table 1: Ways to obtain legal solutions....................................................................................................................... 23
Table 2:Main different types of organization.............................................................................................................. 25
Table 3: two kinds of businesses in a registered company ......................................................................................... 25

INTRODUCTION
This study looks at legal firms in Vietnam that follow contract law, labor law, and business law when dealing
with difficulties, problems, or conflicts in order to evaluate and analyze problems and find answers to them.
In addition, my team will have to evaluate the problems of three businesses in terms of contract law, labor
law, and company law, as well as give an impartial and comprehensive evaluation of options to deliver the
most value solutions.
Contract Law: Contracts for the Sale and Purchase of Goods
Party A
 Name: HUNG PHAT DEVELOPMENT AND TRADING JOINT STOCK COMPANY
 Address: 025/38G Cach Mang Thang Tam, Ward 7, Tan Binh District, Ho Chi Minh City, Vietnam
 The Phone Number: 028 667 00003
 The Fax Number: 028 667 00002
 Business: Food sales
Party B
 The company's name is GIA HOANG CANTEEN AND FOOD PROCESSING COMPANY LIMITED,
 Address is 1A Nguyen Hien Le Street, Ward 13, Tan Binh District, Ho Chi Minh City.
 The area of business: Food Service
Information on Labor Law
 The company's name is Cu Lao Xanh Co., Lt.
 The address is Xuan Tam Commune, Xuan Loc District, Dong Nai Province
 The phone number is 0958939888
 The line of work: growing vegetables, beans, flowers, and ornamental plants
Information on Company Law
 The name of the company is Ocean Bank; the address is Daeha Building, Ngoc Khanh Ward, Ba Dinh
District, Hanoi City;
 The phone number is 024.3772.6789;
 The fax number is 024.3772.6969;
 The website address is https://www.oceanbank.vn/

I. Issue of Contract Law
1. Contract for the sale and acquisition of goods (number: 30/TB/HB/H2020-HP)

2. The main article relates to the issues
In this contract, we choose two laws for analysis. Article 3: Quality and Specifications of the Goods, as well
as Article 5: Responsibility for the Goods.
Article 3: Quality, specifications of the goods.
 The products' quality must meet Vietnamese requirements for safety and cleanliness.
 Ensure the quality of the offering in line with the procedure.
 Maintain freshness, live in accordance with the offering
 Ascertain the right amount in accordance with Party B's request.
Article 3 deals with the quality and specifications of products.
This is a highly significant word that refers to the quality of products and commodities that are directly
linked to safety, hygiene, human health, property, and the environment. According to the contract, Party
A is responsible for providing B and must guarantee that the goods are of good quality, fresh, and in the
right amount. This implies that if this provision is not included in the contract, the contract's quality will
suffer significantly.
Article 5: Responsibility for the goods.
Party A is in charge of guaranteeing the quality of the items that Party A delivers to Party B's customers. If
the quality cannot be guaranteed, Party A must return the products to Party B within 30 minutes.
 If there is a problem with the quality of the products or if poisoning occurs:
-The two parties collaborate to identify the root of the problem and fix it jointly.
-The two sides collaborate to get the sufferer to the closest hospital.
- After testing and verifying to see whether there is a result of food poisoning caused by Party A,
Party A is entirely liable for any medical expenses.
This is a phrase linked to responsibility in Article 5 - specifically, it is the right to protect Party B's interests.
Party A must assume responsibility for the goods it provides. There are specific conditions in the contract
regarding the advantages that Party B is entitled to. It also outlines the responsibilities that Party A has to
Party B in the event of a product failure. This is significant because it has a direct impact on the rights and
responsibilities of the parties involved, providing maximal legal rights for both parties while also ensuring
that both parties must adhere to the terms of the agreement copper. This implies that if this provision is
not included in the contract, the contract's quality would suffer and both parties' rights and interests will
be jeopardized.
3. Draw attention to the legal issues
According to Article 3 of the contract, Party A would provide seafood in line with Vietnam's quality
requirements (must have ISO certification) throughout the contract's execution, however Party A has
supplied seafood of poor quality. Causing food poisoning, according to the requirements.