Understand the main types of law affecting business organisations and explain how businesses are influenced by (employment, consumer and environmental) legislation
Ability Outcomes
On completion of this module students will be able to:
Compare and contrast the legal characteristics of contrasting business organisations
Apply knowledge of an aspect of the legal environment to an organisation and demonstrate how it affects business planning and operations.
Employment Law -Workers rights
You have just been elected as a Trade Union Representative and you think that many of your members/fellow worker are unaware of their rights under their contracts of employment.
Explain what the workers legally enforceable rights are citing the relevant legislation. What would you expect to be contained within a written statement of the terms and conditions of employment? As a modem, responsible Trade union representative you are keen to ensure that management are able to make decisions regarding operations to keep the business competitive and protect members jobs. Therefore your information needs to be balanced.You need to also discuss the duties and responsibilities of employees and employers.
Legal forms of Business ownership
As a Small Business Adviser you are often asked by would be Entrepreneurs the best legal status to have for their new Business
Produce a guide for people starting their own business about the legal forms of Business ownership
Compare the legal characteristics of three contrasting business organisations
• Sole trader
• Partnership
• Private Limited Company
You will be expected to discuss
• Limited and unlimited liability
• Legal Documentation
• Raising finance
• Control of the business organisation