Introduction to Business Law, Specify the title of the work please Custom Essay

Choose one topic from two. Specify the title of the paper. Do not plagiarize, never just copy and paste. British English writing please. Read the files carefully and follow the requeirements.

MID-YEAR ASSESSMENT: Assignment

COLLEGE: Social Science

SCHOOL: Lincoln Business School

MODULE: Introduction to Business Law

MODULE CODES: PBR1026M

LEVEL: FOUR

CO-ORDINATOR: Catriona

HAND-IN DATE: Wednesday 30th April 2014 before 12pm

Assignments should be handed into the School office and should be submitted on Turnitin.

This assignment accounts for 100% of the module marks for students on PBR1026M.

Learning outcomes assessed:
1) Understand the legal principles governing contract law.

2) Recognise the legal issues in given contractual situations.

3) Logically explain and apply these legal principles to the given situations using appropriate authorities to justify the arguments made.

4) Clearly communicate ideas and concepts in written form.

Format
The format for the presentation of your assignment is as follows:
Title page: Specify the title of your work and your name(s)
Word limit: As specified with +/- 10% allowed. Greater or lesser amounts will normally have consequences for the marks received.
Referencing: Your work must be fully compliance with Harvard protocols.
Font / Size: Arial 11
Spacing / Sides: 1.5 / Single sided
Pagination required: Yes
Margins: At least 3.17 to left and right and ‘justified’.

The word limit for this assignment is 2000 words

Students must put the word count for their assignment on the front sheet.

Answer the following question

1. Jane deals in the supply of home-made cakes. Her cakes are in high demand and normally she makes £2,000 a month. Cakes are even more in demand in December when the Christmas season

begins and normally she makes £4,000 in December.

In November her oven breaks and she sees an advert from OvenCo Ltd. in a local newspaper ‘industrial ovens at a bargain price of £1,000.’ She immediately calls the company to buy an oven. However,

no-one answers the phone so she leaves a message saying ‘I’d like to buy an oven, I have put the cheque in the post. Please deliver as soon as possible.’ She then posts the cheque for £1,000 to the address

on the advert. 15 day later she receives the cheque back with a note saying ‘sorry, no ovens are left.’

Advise Jane on her contractual rights in the scenario.

1.
2. John, a sweet shop owner has been running his business (as a sole trader) for many years. His daughter Sarah has recently joined the business and would like to be more involved. Eventually Sarah

will take over the business when her father retires. They want to set up the most efficient business structure and may want to expand to more shops in future.

John has one employee, Tony, who has worked in the business for 5 years. With Sarah now working full time Tony is not required. John tells Tony not to come in anymore

As to all of the following, advise John and Sarah as to:

(a) the available choices of legal business structure;
(b) the advantages and disadvantages of their choice of legal business structure;
(c) the extent to which their liability for debts will be limited;
(d) the degree of management and control they will each be able to exercise in the business; and
(e) their possible liabilities to Tony.