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Knowledge

1. Explain the legal structures and principles of:

·The elements of the UK legal system, and sources of law.

·Explain and apply the laws relating to employment and treatment of employees.

·The legal distinctions between the different forms of business organisations

·Explain how companies are managed administered and regulated.

·Compare and contrast the different forms of company finance and capital

·Explain the legal framework applying to companies in difficulties.

·Analyse problems facing firms, explain their legal implications and identify appropriate legal remedies.

·Explain the legal regulations of corporate governance and control over fraudulent behaviour.

Thinking skills

2. Identify and analyse legal problems and issues that arise

3. Apply appropriate legal principles to the facts and suggest courses of action.

Subject-based practical skills

4. Express a range of ideas using appropriate spoken and written English, demonstrating understanding of academic writing conventions and styles to explain legislation and apply legal principles;

5. Identify, access, and collate evidence from university and external sources, including textbooks and articles. Use accurate and appropriate referencing of sources in producing an essay;

Skills for life and work (general skills) 6. Use of analytical skills to produce a clear and reasoned explanation using word processing.

You are required to write a report addressing the requirement listed below. The report should have an introduction, a main body and a conclusion.

Jumping Sophia Ltd was established in 2018 and provides an indoor entertainment centre for the entire family. They offer a wide range of games as well as sports and fitness facilities. In addition, they offer a great selection of food and drinks at reasonable prices. Currently located in East London, there has been an increase in the number of bookings received over the last two years. In spite of this, profit figures have been lower than expected and the manager is concerned that if the financial position of the company does not improve, they may find themselves in financial difficulty.

With limited facilities to accommodate the influx of visitors in the summer of 2020, the management is keen to expand and open a new branch in North London in time for the summer of 2021. This is with the hope that the new facility may contribute to an increase in future profits. With the need for four additional staff at management level as well as more capital to finance the new facility, the owner of Jumping Sophia Ltd has approached you for advice.

Requirement:

Write a report to the owner of Jumping Jacks Ltd outlining the following:

·Five (5) different types of directors that may be appointed, outlining the role of each;

·The three main duties that the directors would owe to the company;

·The different types of capital (sources of finance) available;

·The two main options that are available to the company in the event of financial difficulty (where the expansion has failed and losses are incurred).

Explain the above with reference to the English legal system, decided and recorded law Case studies.

The coursework will be assessed by reference to the following criteria:

-Explanation of the issues that arise out of the terms of the requirement;

-Explanation of the key relevant legal principles with clarity and precision;

-Supporting the explanations with appropriate reference and example;

-Critical review of relevant literature on the topics highlighted in the requirement.

-Evidence of coherent arguments and effective structure adopted

Assignment Instructions

You have been asked to produce a report.  It should contain the following:

·Title Page, including the given title in full.

·Main body, which should also be organised under appropriate headings.

·Appendices, which should be numbered.

oMake sure you refer your reader to them as required.

·Word count; excluding appendices and reference list

Presentation

Your work should be word processed in accordance with the following

·The page orientation should be ‘portrait’

·Margins on both sides of the page should be no less than 2.5 cm

·Pages should be numbered

·Your name should not appear on the script.

·Your student number should be included on every page.