BUSINESS ORGANISATION LAW

Business Organisation Law

Business Organisation Law

Introduction

The study of business values and legal aspects in business has become particularly important in recent years. The global reality is complex with constant crises and extremely profound changes in business world that change their structure, their governing and their value system. In fact, business values and legal liabilities are present from the beginning of trading. For many businesses there have always been valuable things such as the business opportunity, new market, customer segment, clients, expansion, etc. However, the criterion to give value to things has changed through time. This also reflects in the case of Compusolutions Ltd. The company has changed its value maintained in the contract with Computer Services Ltd., which was initiated by Mr. Swift. There is no doubt about that fact that this requires different legal explanations in relation to the employment contract with Mr. Swift, business contract with Computer Services Ltd., and false representation of Mr. Swift on behalf of Compusolutions Ltd. In fact, it is established that the Mr. Swift is bound by a fiduciary duty, and this principle has been enshrined in legislation stipulates that he must act in good faith and in the best interest of the company. The other side of the coin reveals that the management of the company is found involved with the fiduciary of duties too as the company claims that Mr. Swift is breaching his duties. Just because of the reality that Compusolutions is not willing to pay introductory fee to Computer Services Ltd.

Discussion

Company Law

Business is conducted under the principles of trade agreements or any bilateral agreement in the business partners. This means that any company can exchange business activities with other company on the basis of any written trade agreement or contract that is signed by both parties and thus possess has legal obligations for each party is involved in the agreement. The Company Law is a body of rights which are utilised by courts in the civil proceedings to safeguard the businesses and employees who have been the victims of wrongful acts of other organizations and individuals inside their own organizations. According to the UK's company law, the individual who becomes the victim of the malicious activity or illegal conduct is known as the plaintiff, and the aggressor who inflicts the damage unto others is known as the defendant. In any case, there are certain fundamental conditions which have to be met with the company laws.

The basic three activities inclusive for every legal/ business issue are; first, the plaintiff must establish that the defendant was obliged under legal provisions to act in a certain manner, than the plaintiff must prove that the defendant had failed to fulfil his duty, due to the failure to conform his or her behaviour respectively. The final stage in the process is that the plaintiff has to provide the proof that the defendants' breach, caused injury or other forms of losses to the plaintiff. The Company/Corporate Law is formed after the amalgamation of the various ...