Legal Solutions for Business Disputes
Added on 2020-10-23
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Business Law
Table of ContentsINTRODUCTION...........................................................................................................................1LO1 .................................................................................................................................................1P1. Legal system and various sources of law..............................................................................1P2. Role of Government of United Kingdom in making law.....................................................2LO3..................................................................................................................................................3P3. a) Legal commitment of boss and result of law on organization..........................................3b) Impact of contract and employment law on business.............................................................4LO3..................................................................................................................................................6P4. Suggestion of solution for an range of business problems...................................................6P5 Justification for the use of appropriate legal solution............................................................6LO4..................................................................................................................................................7P6. Recommendation..................................................................................................................7CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................9
INTRODUCTIONBusiness law is a body that modulate all the commercial situations develop in anorganization or business. It provides various indicators to organization for conducting theirbusiness activities as per the rules and regulations. Business law is an indication how to run abusiness. Business law includes all the right from starting, purchasing, managing and shutdownof the business. It is mandatory for all the business man to follow the rules for peaceful runningof the business. All the business man generally well-known by the laws and rules andregulations of the business. State laws, federal laws and administrative laws are included in theBusiness laws. The business law is legal framework in which helps in reducing many issuedand threats in an organization. The present assessment will determine the basic roles of thelegal system. The report also came to know about the impact of business laws in the operationof the business, The report will also provide appropriate legal solutions to business issues.LO1P1. Legal system and various sources of law.To have progressive structure the English lawful framework is best known structure.The supreme court is a cardinal authority who has principle energy to take several choice withrespect to different cases. The cases which cannot be controlled by low courts than it iscontrolled by supreme court. The cases which require particular specialist and power is handleby Supreme Court. House of Ruler is the another name of Supreme Court. The supreme court isthe top-pest judicial forum and final court of appeal under the constitution of United Kingdom.The supreme court of United Kingdom is established in 2009. The composition method ofSupreme court of United Kingdom is nominated by Monarch on counsel of the PM. Affableand crooks are the two zones of the English legislation structure. Criminal zone is undercontrolled by Magistrate Court and Crown Court. But under common region it is controlled bysupreme court and high court (Johnson and Nodd, 2018).There are several origins of laws which are as follows- Statutory Law- It is written law which is enacted by a legislature body. It is anespecially fundamental elements of law that is classified by parliament of United Kingdom.This consists of contract, well being and security, protection affiliated to laws. Statutory law isa opposed to customary law. Since the Sixteen century Statutory law is turned into the almostwell known beginning of changes in laws.1
European Union law- It is a kind of law which is make over with the beginning ofEuropean Law. It deals with every one of the task determined within a business, like laws ofoperation, law of contract and many others. The law of the business is a critical component ofEuropean union law which come through several directions that causes organization to manageand controlled the activities of business in effectual and in easy manner (Jackson, Morgan. AndLaws, 2018). Customary law- It is another law which is totally based on precedent of controlled bythe English Council Justice. It is traditional rule or practise that has become an integral part ofthe recognized and expectable behaviour in a people community, commerce, business and it istreated as legal requirement. Customary law is a integral part of social and economic system.P2. Role of Government of United Kingdom in making law.Laws are mostly encompassed by Parliament effect from proposal made by thegovernment. The aim of proposal is to give effective and legal shape to the society. Making thelaw is the most crucial and critical function of the parliament of United Kingdom. In theparliament there are few people who contribute well in making a law. When law formulated bygovernment it is not fixed, it is flexible in nature. As a when there is requirement to change thelaw, it altered. For the smooth operating of the business, experts influence changes in thedirection that to help in smooth working of the organization (Anderson and et.al, 2018). In United Kingdom, each and every law which is made by parliament is the mandatoryobligation. Government before making the law it is tested by specialist and experts that whatoutcome will discover by the obligation of law. Laws are generally created for period of timeLaws are mostly made because of following circumstances- 2
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