General Legal Aspects of Business - Coursework Example

The paper "General Legal Aspects of Business" is a great example of business coursework. An employer should offer a work environment in which employees are not exposed to health hazards. Employees are obligated to take reasonable care of their own health and safety, and that of other workers in the organization.

Self-employed individuals have to ascertain that their work does not unfavorably impact the health and safety of others.

A vaccination procedure should be integrated into an organizations policy for control and prevention of infectious disease for the workstation and where suitable

National standards:

All organizations should provide a work environment that maintains occupational safety

Both employees and employer should have vital protective attires that enhance safety in the workplace

Businesses whether self-owned should follow all safety regulations

• Company Law

Legislation

Australian Securities and Investment Commission Act 2001

The Corporations Act 2001.

The codes of Practice

Company directors should practice honesty at all times

A company should pay its debts

A company should keep proper records

Information should be used in the best interest of the company’

A company should produce true financial records

Any changes in the company require notification to relevant authorities (Australian Security and Investment Commision, 2015).

National Standards

Fair trading for businesses in all territories and states

Businesses have to comply with laid down regulations on business operations

• Contract law

Legislations

The Sale of Goods Act 1896

Competition and Consumer Act 2010

Australian Consumer Law and Fair Trading Act 2012

Codes of Practice

The contract remains to bind the parties if it is operated without the existence of unfair terms.

The obligations and rights of parties to a contract are regulated by the terms of that contract

Each contract should be undertaken with an obligation of fair dealing and good faith

Each party must meet the requirements of the contracts as outlined

Every party must issue a notification in the event of termination of a contract

National Standards

All business should uphold contract requirements

Termination of the contract should follow the laid down legal requirements

• Environmental law

Legislations

Environmental Protection Act of 1997

Environmental Planning and Assessment Act 1979

Wildlife Conservation Act 1950

Environmental Planning and Assessment Act 1979

Clean Energy Act 2011.