Company Act 2006
By Ryan and Billy
What is the Companies Act 2006?
There are two types of law
2. Contract - The contracts that businesses make with employees, consumers, suppliers and so on
How does the Companies Act 2006 affect selling goods?
The Companies Act 2006 can also have an effect of selling goods when it comes down to the company law (how businesses are set up and run) because if a business is unethical then customers will not be encouraged to shop within the stores and not enough goods will be sold.
How does the Companies Act 2006 affect recruitment of staff?
This is aimed at protecting the health, safety and rights of employees
The main employment law that a business needs to consider are:
Employers must provide safe premises and machinery. They must ensure that workers health is not affected by their work. If the workplace is not safe and has been reported to be unsafe, applicants would be unavailable until Tesco make the workplace safe.
How does the Companies Act 2006 affect product design?
The law gives customers protection against unfair selling and miss leading information.
The consumer has basic legal rights if the product is:
- Given a misleading description
- Of an unsatisfactory quality
- Not fit for its intended purpose
According to the Companies Act, false or misleading information must not be given about products. For example, accurate information must be given about who made the product. Fake designer goods that are marketed as genuine are a clear breach of the Companies Act.
This Act says that all products have to be of a 'satisfactory quality'. This means that they have to:
- Be safe
- Last for a reasonable amount of time
- Be fit for their intended purpose