Reference no: EM13921572
Assessment Criteria
To achieve a 'Pass' grade of 40% or above
In order to achieve a pass grade the student will have demonstrated an understanding of the concepts and principles of laws at an introductory level. The work produced must apply appropriate laws, concepts and frameworks in order to address the areas specified in the assignment. There should be also a clear evidence of research and reading, with reference to appropriate sources.
To achieve a grade of 70% or above
In order to achieve a grade of 70% or above, as well as satisfying all of the outlined criteria for a 'pass', the student must demonstrate a detailed understanding and application of the concepts and principles of various laws prevailing in the country.. The submission will be well organised and contain all relevant data. It will show evidence of appropriate investigation including research from a range of academic literature and other secondary sources of information.
Detailed answers will be given to each of the questions with appendices where appropriate. There will be an evidence of wider reading through appropriate supporting references.
This assignment will assess learning outcomes:
1) A basic knowledge and understanding of the legal system and the legal structure of the Gulf Region.
2) An appreciation of the formalities and principles governing the formation of business contracts, formation and organization of business organization.
3) An ability to conduct simple directed research into the legal right and liabilities arising from the affairs of business.
4) An ability to analyse problem situations and apply law to provide appropriate solutions.
5) An ability to work efficiently and effectively as part of a team.
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Is the firm necessarily making economic profits and explain
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