Business Law Question

College of Banking and Financial Studies Assignment Brief – BTEC Higher National Diploma in Business (Level 5) Student Name /ID Number ST. No: Unit Number and Title Unit 7, Business Law (H/617/0736) Academic Year Spring 2023-24 Unit Assessor Ms. Sona Narayan and Mr. Gnanendran I. V. Name Mr Vaheed Z Ubaidullah Assignment Title Law and Legal System Issue Date Formative Feedback Date Final Submission Date 18-03-2024 18-04-2024 29-04-2024 Submission Format: 1. The submission is in the form of an individual written report. This should be written in a concise, formal business style using single spacing and font size 12. 2. You are required to make use of headings, paragraphs, and subsections as appropriate, and all work must be supported with research and referenced using the Harvard referencing system. 3. Please provide a bibliography using Harvard referencing system if you referred any sources for theoretical parts or questions. 4. The document must be submitted to Turnitin in MS Word document. 5. The total word count (excluding bibliography) of the report should be around 2,500 words, but you will not be penalised for exceeding the word limit. 6. The file must be saved in the format: student ID-BL-Formative-A1, for formative submission and student ID-BL-Summative-A1, for summative assignment. 7. In case of extenuating situations, the relevant college policies apply. Unit Learning Outcomes: LO1 – Explain the nature of the legal system. LO2 – Illustrate the potential impact of the law on a business. 1 Vocational Scenario (LO 1 & LO 2) Shell, formally known as Royal Dutch Shell, here after referred as Shell Oman is one of the largest and most prominent multinational energy companies in the world. It was formed in 1907 through the merger of Royal Dutch Petroleum Company and Shell Transport and Trading Company. The company operates in various segments of the energy industry, including oil and gas exploration, production, refining, distribution, and marketing. As an integrated energy company, Shell has a global presence and operates in more than 70 countries, including Oman. The company is involved in the exploration and production of oil and gas reserves, both onshore and offshore, utilizing advanced technologies to extract hydrocarbon resources. Shell has a strong focus on innovative techniques, such as deepwater drilling and enhanced oil recovery, to maximize production efficiency and minimize environmental impact. In Oman, Shell operates through its subsidiary, Shell Oman Marketing Company. The subsidiary plays a vital role in the marketing and distribution of Shell-branded products, including fuels, lubricants, and other energy-related services. Shell Oman Marketing Company operates a network of service stations across the country, catering to the energy needs of consumers and industries in Oman. Shell Oman had entered a long-term supply contract with ExxonMobil Ltd, another prominent oil company operating in the UK. The supply contract is for the provision of crucial equipment and services. However, Shell Oman alleges that ExxonMobil Ltd has consistently failed to meet its contractual obligations, resulting in substantial financial losses and significant project delays for Shell Oman. Despite repeated attempts to resolve the matter amicably, the parties have been unable to reach a satisfactory resolution. As part of their litigation plans, they recognize the importance of understanding the UK legal framework and legal system to ensure compliance and navigate any legal challenges that may arise. Moreover, they still need to continue their existing contracts with ExxonMobil Ltd and other oil companies in UK (British Petroleum and TotalEnergies) With this aim, Shell Oman approached Curtis LLP a leading law firm of Oman having a branch in UK to advise them on Law and Legal system of UK. You are a trainee consultant of the Firm was asked to prepare a litigation note which will enable Shell Oman to refer on the legal system and help them to understand the key legislations that are required to know for effectively running the business and to overcome legal challenges. 2 The litigation note should include: a) Emphasize on the English Legal System and requires in depth information and knowledge on how the legal system works. b) Provide information regarding the role of the UK government in law making and the impact of important business laws on business. c) Provide an understanding on the key legislations that are required for effectively running the business. d) Provide a coherent and critical evaluation of the legal system and law, with evidence drawn from a range of different examples to support judgments. 3 Learning Outcomes and Assessment Criteria Learning Outcome Pass Merit Distinction P1 Explain different sources of law LO1 Explain the nature of the legal system LO2 Illustrate the potential impact of the law on a business M1 Evaluate the effectiveness of the legal system in terms of recent reforms and developments. P2 Explain the role of government in law making and how statutory and common law is applied in the justice courts. D1 Provide a coherent and critical evaluation of the legal system and law, with evidence drawn from a range of different relevant examples to M2 Analyse the potential support judgements. P3 Using specific impact on business examples illustrate how through differentiation company, employment between legislation, and contract law has a regulations and potential impact upon standards. business. PLEASE READ THIS PAGE CAREFULLY TO ENSURE YOU COVER WHAT IS REQUIRED TO SATISFY THE GRADE 4 LEARNER ASSESSMENT SUBMISSION AND DECLARATION When submitting evidence for assessment, each learner must sign a declaration confirming that the work is their own. Please list the evidence submitted for each task. Indicate the page numbers where the evidence can be found or describe the nature of the evidence (e.g. video, illustration). Task reference Page numbers or Description Evidence submitted LO 1 LO 2 Additional comments to the Assessor: Learner declaration I certify that the work submitted for this assignment is my own. I have clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Learner signature: Date: 5 ASSESSMENT RECORD SHEET – FORMATIVE FEEDBACK Programme BTEC HND BUSINESS LEVEL 5 Learner name Assignment title Law & Legal System Assessor name Ms Sona Lolu /Mr. Gnanendran Unit no. and title Unit 7, Business Law Targeted learning aims/assessment criteria LO 1 and LO 2 Deadline 18-04-2024 Date submitted Targeted criteria Criteria achieved Assessment comments First Submission P1 P2 P3 M1 M2 D1 General comments Assessor declaration I certify that the evidence submitted for this assignment is the learner’s own. The learner has clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Assessor signature Date Date of feedback to learner Resubmission authorisation by Lead Internal Verifier* Date * All resubmissions must be authorised by the Lead Internal Verifier. Only one resubmission is possible per assignment, providing: ● The learner has met initial deadlines set in the assignment or has met an agreed deadline extension. ● The tutor considers that the learner will be able to provide improved evidence without further guidance. ● Evidence submitted for assessment has been authenticated and accompanied by a signed and dated declaration of authenticity by the learner. Any resubmission evidence must be submitted within 15 working days of receipt of results of assessment. 6 ASSESSMENT RECORD SHEET – RESUBMISSION – SUMMATIVE FEEDBACK Deadline Targeted criteria 29-04-2024 Criteria achieved Date submitted Assessment comments P1 P2 P3 M1 M2 D1 General comments Learner Declaration I certify that the evidence submitted for this assignment is my own. I have clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Learner signature Assessor declaration Date I certify that the evidence submitted for this assignment is the learner’s own. The learner has clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice. Assessor signature Date Date of feedback to learner 7

Business Law Question

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