81-1564551853536-Unit -07 Business Law Final PDF

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Summary

Business Law Assignment, with section a handbook and section B presentation...

Description

Higher Nationals Internal verification of assessment decisions – BTEC (RQF) INTERNAL VERIFICATION – ASSESSMENT DECISIONS Programme title Assessor Unit(s) Assignment title Student’s name

Business Law Sanduni Gunasekara

Internal Verifier

Unit 7 Business Law Nilukshan Ravichandran

List which assessment criteria the Assessor has awarded.

Pass

Merit

Distinction

INTERNAL VERIFIER CHECKLIST Do the assessment criteria awarded match those shown in the assignment brief? Is the Pass/Merit/Distinction grade awarded justified by the assessor’s comments on the student work? Has the work been assessed accurately?

Y/N

Y/N

Y/N

Is the feedback to the student: Give details: • Constructive? • Linked to relevant assessment criteria? • Identifying opportunities for improved performance?

Y/N Y/N

Y/N

• Agreeing actions?

Y/N

Does the assessment decision need amending?

Y/N

Assessor signature

Date

Internal Verifier signature

Date

Programme Leader signature (if required)

Date

Confirm action completed Remedial action taken Give details:

Assessor signature

Date

Internal Verifier signature

Date

Programme Leader signature (if required)

Date

Higher Nationals - Summative Assignment Feedback Form Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

2

Student Name/ID

Nilukshan Ravichandran - LH-38820

Unit Title

Business Law

Assignment Number

02

Assessor

14.08.2021

Date Received 1st submission

Submission Date

Date Received submission

Re-submission Date

2nd

Assessor Feedback: LO1 Explain the basic nature of the legal system Pass, Merit & Distinction P1 P2 Descripts

M1

D1

LO2 Illustrate the potential impact of the law on a business Pass, Merit & Distinction P3 Descripts

M2

D1

LO3 Examine the formation of different types of business organisations Pass, Merit & Distinction P4 Descripts

Grade:

P5

M3

D2

Assessor Signature:

Date:

Assessor Signature:

Date:

Resubmission Feedback:

Grade:

Internal Verifier’s Comments:

Signature & Date: [email protected]

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

3

Pearson Higher Nationals in

Business Unit: 7 Business Law Assignment 01

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

4

General Guidelines 1. A Cover page or title page – You should always attach a title page to your assignment. Use previous page as your cover sheet and make sure all the details are accurately filled. 2.

Attach this brief as the first section of your assignment.

3. All the assignments should be prepared using a word processing software. 4. All the assignments should be printed on A4 sized papers. Use single side printing. 5. Allow 1” for top, bottom , right margins and 1.25” for the left margin of each page. Word Processing Rules 1. The font size should be 12 point, and should be in the style of Time New Roman. 2. Use 1.5 line spacing. Left justify all paragraphs. 3. Ensure that all the headings are consistent in terms of the font size and font style. 4. Use footer function in the word processor to insert Your Name, Subject, Assignment No, and Page Number on each page. This is useful if individual sheets become detached for any reason. 5. Use word processing application spell check and grammar check function to help editing your assignment. Important Points: 1. Carefully check the hand in date and the instructions given in the assignment. Late submissions will not be accepted. 2. Ensure that you give yourself enough time to complete the assignment by the due date. 3. Excuses of any nature will not be accepted for failure to hand in the work on time. 4. You must take responsibility for managing your own time effectively. 5. If you are unable to hand in your assignment on time and have valid reasons such as illness, you may apply (in writing) for an extension. 6. Failure to achieve at least PASS criteria will result in a REFERRAL grade . 7. Non-submission of work without valid reasons will lead to an automatic RE FERRAL. You will then be asked to complete an alternative assignment. 8. If you use other people’s work or ideas in your assignment, reference them properly using HARVARD referencing system to avoid plagiarism. You have to provide both in-text citation and a reference list.

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

5

9. If you are proven to be guilty of plagiarism or any academic misconduct, your grade could be reduced to A REFERRAL or at worst you could be expelled from the course

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

6

Student Declaration I hereby, declare that I know what plagiarism entails, namely to use another’s work and to present it as my own without attributing the sources in the correct way. I further understand what it means to copy another’s work. 1. I know that plagiarism is a punishable offence because it constitutes theft. 2. I understand the plagiarism and copying policy of the Edexcel UK. 3. I know what the consequences will be if I plagiaries or copy another’s work in any of the assignments for this program. 4. I declare therefore that all work presented by me for every aspects of my program, will be my own, and where I have made use of another’s work, I will attribute the source in the correct way. 5. I acknowledge that the attachment of this document signed or not, constitutes a binding agreement between myself and Edexcel UK. 6. I understand that my assignment will not be considered as submitted if this document is not attached to the attached.

Student’s Signature: (Provide E-mail ID)

[email protected]

Business Law

Assignment 01

Date:29.08.2021 (Provide Submission Date)

Nilukshan Ravichandran

LH-38820

7

Higher National Certificate/Diploma in Business Assignment Brief Student Name /ID Number

Nilukshan Ravichandra – LH - 38820

Unit Number and Title

Unit 7: Business Law

Academic Year

2019/20

Unit Tutor

Sanduni Gunasekara

Assignment Title

Explain the basic nature of the legal system and Illustrate the potential impact of the law on a business

Issue Date Submission Date

14.08.2021

IV Name & Date

Submission format SECTION A: The submission should be in the form of an individual handbook. This should be written in a concise, formal business style using single spacing and font size 12. You are required to make use of headings, paragraphs and subsections as appropriate, and all work must be supported with research and referenced using Harvard referencing system. The recommended word limit is 2,000–2,500 words, but learner will not be penalized for exceeding the total word limit. SECTION B: This should be a 10-minute individual presentation prepared using a relevant software that includes a 5 minutes question and answer session. The presentation slides and speaker notes should be attached together and submitted as one copy. Students are required to make effective use of headings, bullet points and subsections as appropriate. Research should be referenced using Harvard referencing system. The recommended length is 1500–2000 words, including speaker notes, although students will not be penalized for exceeding 2000 words. Unit Learning Outcomes: LO1 Explain the basic nature of the legal system. LO2 Illustrate the potential impact of the law on a business.

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

8

LO3 Examine the formation of different types of business organisations

Assignment Brief and Guidance: SECTION A: Scenario: You are working in a law firm and advising new start-up companies on the legal system and key legislations that are required to know by them and how they apply to their companies. You have been asked to produce a handbook for the new companies in order to support the business advice and guidance given by you. ……………………………………………………………………………………………………… ……………………………………………….. The handbook must include the following sections: 1.

An explanation of the legal system.

2.

An overview of the sources of law.

3.

An explanation of the role of the government in law-making.

4.

An explanation and a critical reflection of the legal systems that are relevant for new businesses that the startup companies should be aware of (need to demonstrate strengths and weaknesses by using examples)

5.

Explain and evaluate the potential implications of law on a business such as, copyright law, contract law and employment law etc.

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

9

SECTION B:

Scenario: In your role as a paralegal, you have been invited to attend a Small Business Expo conference that will be held in Sri Lanka. You will be doing a presentation as a guest speaker on how different types of organizations are legally formed and provide local advice and guidance to the businesses. The presentation will consist of the following: 1. An introduction to different types and classification of business organisations in both public and private sectors, providing specific examples to illustrate how organizations are being formed in different legal structures. 2. A review of the advantages and disadvantages of forming different types organisations in the light of various legal structures. 3. An evaluation of how different organizations are managed and funded in both public and private sectors e.g., limited companies, social enterprises, corporations, co-operatives. Provide a specific example of each category.

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

10

Grading Rubric Grading Criteria

Achieved

Feedback

P1 Explain different sources of law.

Handbook (page 18-27)

P2 Explain the role of government in lawmaking

Handbook (page 28-31)

and how statutory and common law is applied in the justice courts. P3 Using specific examples illustrate how company, employment and contract law has a potential impact upon business. P4 Explore how different types of business organisations are legally formed. P5 Explain how business organisations are managed and

Handbook (Page 31-41)

Presentation (Page 41- 57)

Presentation (Page 41- 57)

funded. M1 Evaluate the effectiveness of the legal system in terms of recent reforms and developments. M2 Differentiate between legislation, regulations and standards to analyse potential impacts upon business. M3 Assess the advantages and disadvantages of the formation of different types of business organisations. D1 Provide a coherent and critical evaluation of

the legal system and law, with evidence drawn from a range of different relevant examples to support judgements. D2 Critically review and evaluate types of business

organisations. Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

11

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

12

OBSERVATION RECORD Learner name: BTEC Level 4-HNC/HND Diploma (RQF) Qualification: Unit number & title: Unit Description of activity undertaken

Assessment criteria targeted

How the activity covers the requirements of the assessment criteria (this does not confirm achievement of assessment criteria or confer an assessment decision)

Learner name: Learner signature:

Date:

Assessor name: Assessor signature:

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

13

WITNESS STATEMENT Learner name: BTEC Level 4-HNC/HND Diploma (RQF) Qualification: Unit number & title: Unit Description of activity undertaken (please be as specific as possible)

Assessment criteria (for which the activity provides evidence)

How the activity covers the requirements of the assessment criteria, including how and where the activity took place (this does not confirm achievement of assessment criteria or confer an assessment decision)

Witness name: Witness signature: Learner name: Learner signature: Assessor name: Assessor signature:

Business Law

Job role: Date:

Date:

Date:

Assignment 01

Nilukshan Ravichandran

LH-38820

14

Contents Grading Rubric..............................................................................................................................10 Acknowledgement.........................................................................................................................15 Executive Summary.......................................................................................................................16 Introduction....................................................................................................................................17 Section A - Hand Book.................................................................................................................18 1. Introduction and Legal System of Law..................................................................................18 1.1. Classifications of Law.......................................................................................................20 2.Different Sources of law...........................................................................................................21 2.1. Constitution.......................................................................................................................21 2.2. Treaties...............................................................................................................................21 2.3. Statutes...............................................................................................................................22 2.3.1. Interpretation:............................................................................................................22 2.3.2. Common Law.............................................................................................................23 2.3.3. Judicial review............................................................................................................24 2.3.4. Private law..................................................................................................................24 3.Role of the government in law-making. – how statutory and common law is applied in the justice courts..........................................................................................................................25 3.1.

Making laws...................................................................................................................29

4.Statutory and common law Similarities and Differences......................................................31 5.The potential implications of law in new businesses..............................................................34 6.Impact that law can make to the business between legislation, regulations and standards........40 SECTION B - Presentation.........................................................................................................42 1.Introduction to different types and classification of business organizations.................42 1.1.

Public Sector..................................................................................................................43

Funding and Management in Public Sector......................................................................44 1.2.

Private Sector................................................................................................................45

1.2.1.

Sole Traders............................................................................................................45

Funding and management in Sole Traders........................................................................47 1.2.2. Partnership.................................................................................................................49 Funding and management in Partnership compare to sole trader.................................50 Company...............................................................................................................................52 Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

15

1.2.3.

Private Limited Company.....................................................................................53

Funding and Management in Private Limited Companies..............................................53 1.2.4.

Public Limited Company......................................................................................55

References......................................................................................................................................57 Figure 1 Hierarchy Of Courts Of Sri Lanka..................................................................................26 Figure 2 Law Making Process.......................................................................................................30 Figure 3 Presentation Slide 1.........................................................................................................43 Figure 4 Presentation Slide 2.........................................................................................................43 Figure 5 Presentation Slide 3........................................................................................................44 Figure 6 Presentation Slide 4.........................................................................................................46 Figure 7 Presentation Slide 5........................................................................................................50 Figure 8 Presentation Slide 6........................................................................................................54 Figure 9 Presentation Slide 7........................................................................................................56

Business Law

Assignment 01

Nilukshan Ravichandran

LH-38820

16

Acknowledgement In performing this assignment. Author had to take the help and guideline of respected lecturer, who deserve our greatest gratitude. The completion of this assignment gives much pleasure. I would like to sho...