2.5.2 Legislation Flashcards

1
Q

Legislation

A

a set of rules and regulations with which a business has to comply to

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2
Q

Main roles of business legislation

A
  • regulate the rights and duties of people carrying out business to ensure fairness
  • protect people dealing with business from harm caused by defective services
  • ensure the treatment of employees is fair and indiscriminatory
  • protect investors, creditors and consumers
  • regulate dealings between business and its suppliers
  • ensure a level playing field for competing businesses
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3
Q

Employee protection laws

A
  • pay equality
  • national minim wage
  • discrimination
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4
Q

Employee protection laws

- pay equality

A

men and women are entitled to equal pay for work of equal value

  • pay includes everything in the employment contract - bonuses, pensions, wages and salary
  • workers have the right to check equality from employer - using the equal pay questionnaire
  • if think unequal pay, they can take employer to tribunal
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5
Q

Employee protection laws

-national minimum wage

A

-employees required by law to ensure they pay their workers at least the national minimum wage

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6
Q

Employee protection laws

-discrimination

A
  • it is illegal for an employer to discriminate against an employee on the basis of:
  • gender
  • disability
  • race
  • age
  • sexual orientation
  • religion
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7
Q

Where do the employee protection laws apply?

A
  • recruitment
  • employee contract
  • promotions and transfers
  • providing training
  • employee dismissal
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8
Q

Consumer protection laws

A
  • goods fit their discrimination

- must be satisfactory quality

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9
Q

Consumer protection laws - goods fit their discrimination

A
  • businesses need to take care with descriptions - avoid inaccurate claims
  • business should take care when explaining what a product can be used for
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10
Q

Consumer protection laws - must be satisfactory quality

A
  • test is of a reasonable person

- must work and have no major blemishes

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11
Q

Consumer protection laws - returns

A

-customers have a right of return and full refund if goods and services do not comply with law

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12
Q

Consumer protection laws - distance selling regulations

A

-provide further protection for consumers against online businesses

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13
Q

Consumer protection laws - services

A
  • must be done at a reasonable price and by the time stated

- customers can request that unsatisfactory work be repaired or carried out again at no cost

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14
Q

Environmental protection act 1990

A
  • emissions into the air
  • storage, disposal and recovery of business waste
  • storage and handling hazardous substances
  • packaging
  • discharges of waste water
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15
Q

Benefits of compliance with environmental legislation

A
  • avoid damaging costs
  • avoids potential loss of business reputation and goodwill
  • it can be seen as a positive to customers if a business actively embraces protection of the environment
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16
Q

Competition law

A

aims to make sure that fair competition takes place in each industry

17
Q

What are the competition laws?

A
  • price fixing and price rigging not allowed
  • abuse of dominant position (40% more is not allowed)
  • avoid monopolistic activity - cutting prices (predator pricing)
18
Q

Health and safety

A

preventing people from being harmed at work or becoming ill, by taking the right precautions and providing a satisfactory working environment

19
Q

Who does health and safety laws apply to?

A
  • employees working at the business premises
  • visitors to the premises
  • member of the public