Question 1: What is legislation in the context of business?

Answer: Legislation is laws or rules made by the government that businesses must follow.

Question 2: Name two types of legislation that can affect businesses.

Answer: Examples include consumer protection laws and health and safety laws.

Question 3: Explain why health and safety laws are important for businesses.

Answer: They ensure the safety of employees and customers, preventing accidents and injuries in the workplace.

Question 4: Give an example of a law that protects consumers when they buy products.

Answer: The Consumer Rights Act, which gives consumers rights to returns and refunds.

Question 5: Describe what a business must do to comply with legislation relating to advertising.

Answer: Businesses must ensure their advertisements are truthful, not misleading, and do not make false claims about products.

Question 6: Sketch a simple diagram illustrating how legislation might influence a business’s decision to expand into a new market.

Answer: A diagram showing a business considering legal factors such as import laws, licensing, and consumer protection before expanding.

Question 7: Identify one consequence for a business that does not follow health and safety laws.

Answer: They could face fines, legal action, or be shut down by authorities.

Question 8: Explain how legislation can benefit consumers.

Answer: Legislation protects consumers from unfair treatment, unsafe products, and false advertising, ensuring they are treated fairly.

Question 9: Draw a simple flowchart showing the steps a business must take to ensure it complies with new legislation.

Answer: A flowchart with steps such as: 1. Read and understand new laws; 2. Conduct a legal compliance review; 3. Implement necessary changes; 4. Train staff; 5. Monitor ongoing compliance.

Question 10: Name one law related to employment that affects how businesses hire staff.

Answer: The Equality Act, which prevents discrimination based on age, gender, or disability.

Question 11: Why is it important for businesses to stay updated on changes in legislation?

Answer: Because failing to comply can result in fines, legal action, and damage to reputation, as well as ensuring they operate legally and ethically.