Unit A - Past Exam Questions Flashcards
Outline sources of potential loss arising from accidents and incidents. (5)
- Product and material damage
- Plant and building damage
- Legal costs
- Production delays
- Overtime work and temporary labor
- Fines
Outline benefits to the organisation of effective health and safety management.(5)
- Reduced insurance premiums due to being considered a lower financial risk by the insurance company.
- No sick pay for injured or ill workers.
- Lower employee absence and turnover rates, leading to higher levels of productivity and reduced costs for recruitment and training.
- improved reputation among partners and suppliers.
- Better reputation for corporate responsibility among investors, customers and communities leading to numerous benefits such as higher sales, increased investments and increased corporation from the community.
In a binding contractual agreement, give the meaning of “express terms”.
The parties state the terms very clearly either verbally or orally or in writing at the time of it’s formation.
In a binding contractual agreement, give the meaning of “implied terms”.
This is an agreement created by the actions of the parties involved, but it is not written or spoken. There is no record of an actual verbal agreement. An example is an implied warranty which implies that when a product is purchased it is guaranteed to work for its ordinary purpose.
In a new contract of employment outline the health and safety information that should be stated in the contract terms.
- Provision of safe plant and equipment.