Assignment – 2000 words
You work as a trainee at the ‘Training and Awareness’ department of the Business & Markets Authority (BMA). Your supervisor has approached you to produce a report for distribution to lay (non-expert) members of the BMA following several queries from local businesses on questions relating to contract formation and business structures. The aim of the report is to help local businesses understand contract formation and business structures in light of the questions below.
To guide you, your supervisor has asked you to base your report on the following questions:
You are asked to address the following:
Discuss the rules regarding the formation of a contract and indicate whether you think these rules might be more in favour of business sellers or the buyers (ie. the general public) (in your answer, ignore reference to consumer law). (1000 words)
Discuss the main business structures in the UK (eg. limited liability companies, partnerships, sole traders and limited liability partnerships)– advising on the most appropriate business structures local businesses might want to consider. (1000 words)
(total 2000 words)
This task addresses LOs 1 and 2.
LENGTH REQUIRED
A maximum of 2000 words
FORMATTING AND LAYOUT
Please note the following when completing your written assignment:
Writing: Written in English in an appropriate business/academic style
Focus: Focus only on the tasks set in the assignment.
Document format: Report
Ensure a clear title, course, and name or ID number is on a cover sheet and a bibliography using Harvard referencing throughout is also provided.
Research: Research should use reliable and relevant sources of information e.g. academic books and journals that have been peer reviewed.
The use of a range of information sources is expected – academic books, peer reviewed journal articles, professional articles, press releases and newspaper articles, reliable statistics, company annual reports and other company information. All referencing should be in Harvard style.
