BMP4002 Business Law Exam Paper 2021/22

Prepare for your BMP4002 Business Law exam with this solved exam paper from Desklib. Learn about the UK classifications of laws, source of law, and contract law. This paper covers the characteristics of different legal systems in the UK and their impact on multilingual organizations. It also provides examples of how the UK law-making process has a direct impact on commercial organizations, focusing on contract law.

BSC (Hons) BUSINESS MANAGEMENT WITH
FOUNDATION
SEMESTER 1, EXAMINATION 2021/22
BUSINESS LAW
MODULE NO: BMP4002
Exam Paper Release Date & Time: Saturday 13August 2022 at 10:00am
Submission Cut-off Date & Time: Monday 15August2022 at 10:00am
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ANSWER BOOKLET
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Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
1.0 The UK Classifications of Laws................................................................................................1
i. Provide a clear definition of law within UK Context...............................................................1
ii. Define and discuss the characteristics of the two main classifications of laws in UK............1
iii. Identify the three different Legal systems in UK...................................................................2
2.0 The UK Source of law...............................................................................................................2
i. Identify and briefly explain the hierarchy of the principal sources of laws in the English
Legal System...............................................................................................................................2
ii. Explain the characteristics of the sources of laws identified above giving examples of each.
.....................................................................................................................................................3
iii. Discuss the impact of the respective laws on the multilingual organisation..........................3
3.0 Give examples of how the UK law making process have a direct impact on commercial
organisations focusing on ONE of the below list:...........................................................................4
i. Contract law..............................................................................................................................4
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business law is also considered to be the commercial law or corporate law. Moreover, it is the
body of legislation which applies to rights, relationship and conduct of individual as well as
ventures involved into commerce, merchandising, sales and trade. The key intent and activities
of business incorporates maintaining order, safeguarding rights and liberties, developing
standards and solving disputes. The aim of this is to understand the system and principles of laws
in the UK.
MAIN BODY
1.0 The UK Classifications of Laws
i. Provide a clear definition of law within UK Context.
As per the English legislation, Law is undertaken as the norms or set of guidelines that
may be applied through country legal system that concentrates upon legislation of government or
the state or relations that exists among several prospects of government as well as their aspects
addition to relation or conduct of subjects towards one others. In addition to this, there are
various forms of law within UK that incorporates property law, criminal law, administrative law
and commercial law within several others.
ii. Define and discuss the characteristics of the two main classifications of laws in UK.
Criminal law in United Kingdom revolves around describing criminal offenses and the
rules and methodologies which can be applied when the police look at an offense which they
guarantee an individual have executed or while the summoning experts are charging an
individual in light of cases or when an individual is to be appear in a Criminal Court. Of course
business guideline in United Kingdom is portrayed as the legal classifications which bases on
rule close by arrangement and securing of work and items in case of any business development
which is being coordinated in United Kingdom. The differentiation between these two
classifications of Legislation is that business guideline spotlights on business practices in United
Kingdom while can criminal guideline is centred around real strategy associated with criminal
offenses in the country. Criminal guideline experts base on utilizing their understanding and
experience to ensure that their client stops by the best outcome from the case. Additionally,
commercial law spotlights on handling genuine strategy associated with business practices in the
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country. Commercial law spotlights on real development inside the extent of starting business
improvement obligation work issues commitment variety arrangements and understanding
discussions exchanging a business solidification business expansion and combinations and
obtainment. In addition to this, criminal guideline covers districts which consolidate bad
behaviour against body bad behaviour against property legitimate offenses wrong doings and
extreme obligation offenses.
iii. Identify the three different Legal systems in UK.
There are basically for recognized overall set of laws in United Kingdom which incorporate
English and Welsh regulation Scots regulation Northern Ireland regulation and after 2007
absolutely Welsh regulation. This is a result of its set of experiences and the connection between
various districts of United Kingdom. The English and Welsh regulation spotlights on the general
set of laws which is carried out in the courts of England and Wales zeroing in on both common
and criminal matters. The underpinning of English and Welsh regulation is the standards of
custom-based regulation with its particular legitimate convention from the times of 1189. The
Welsh regulation is the principal and auxiliary general set of laws made by the authority town
parliament with the utilization of power allowed in the public authority of Wales at of 2006. It is
a genuinely late unique general set of laws in United Kingdom. In setting of northern Ireland the
overall set of laws present in the district is customary regulation framework which is overseen by
the courts of Northern island with the fundamental allure prompting Supreme Court of United
Kingdom in setting of both common and criminal matters. At long last the Scots regulation is an
extraordinary and recognized general set of laws inside United Kingdom which is established
from Roman regulation and situated in unfit common regulation which traces all the way back to
corpus Julius common as which incorporates qualities of customary regulation as well as middle
age sources
2.0 The UK Source of law
i. Identify and briefly explain the hierarchy of the principal sources of laws in the English Legal
System.
The order in English general set of laws comprises of three divisions which are the Queen's
seat the Chancery division and the Family Division. Under this ordered progression a Court of
Appeal has the particular capability of re-appraising chamber. The common division centres
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around managing requests from High Court and the district managing requests from High Court
and the province quote while the criminal division centres around managing the requests from
the crown court. The last allure in the event of overall set of laws in United Kingdom is the
Supreme Court of the United Kingdom for common cases and criminal cases which begin from
England Wales and Northern Ireland. The two principal wellsprings of English regulation can be
grouped into regulation and case regulation. The regulation alludes to sculptures sister and
guideline while the case regulation alludes to choices of the court. Aside from this the two other
past wellsprings of United Kingdom regulation incorporate European Union regulation and
European Convention of common freedoms. Be that as it may, after the takeoffs of United
Kingdom from European Union the European Union regulation are European Convention of
basic freedoms doesn't go about as a wellspring of regulation under the English general set of
laws
ii. Explain the characteristics of the sources of laws identified above giving examples of each.
Legislation is characterized as the composed laws of United Kingdom which incorporate
demonstrations of parliament. Then again on the off chance that the extent of meaning of
regulation is upgraded it likewise incorporates Lords which are made under the powers gave by
demonstrations of parliament. The essential elements of regulation in the United Kingdom
incorporate unmodified nature, adaptability, conventional unitary yet presently disputably an
association state, monarchical and parliamentary.
Case regulation which is likewise alluded to as pass judgment on made regulation is one of
the fundamental wellsprings of English regulation which makes the principle of president in
English overall set of laws and is distributed in the law reports. The qualities of case regulation
in United Kingdom is that it is made and chosen by judges where legal leader of rates under the
rule of gaze decision which in a real sense means to remain by choice.
iii. Discuss the impact of the respective laws on the multilingual organisation.
Language strategy as a matter of fact multilingual associations in United Kingdom. The
English regulation is sufficiently adaptable to give multilingual organizations a reasonable
climate for any sort of lawful techniques.
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3.0 Give examples of how the UK law making process have a direct impact on
commercial organisations focusing on ONE of the below list:
Explain and give the features of one of the following laws:
i. Contract law
As shown by the English lower contract is portrayed as a comprehension between no less
than two social affairs which is legitimately limiting. An arrangement is unyielding
comprehension which helps parties with showing up at prerequisite of guideline. Though an
understanding can be seen as a genuine term anyway it turns out to be perhaps the main consider
customary schedules of every single individuals when an individual goes to supermarket to
purchase food or when a singular buys pass to film. The fundamental features of the English
contract law are described underneath which integrates the going with parts:
 Formation of a contract
 Contents of a contract
 End of a contract
Formation of a contract
According to English guideline the three central necessities for drafting contract that
consolidate figuring out understanding real point and thought. Additionally, a contract is
developed after the making of a suggestion which may be for insurance arrangement of money or
purchasing explicit products. After this the other party recognizes the arrangement which gives
the reason to formal comprehension or the party can moreover not recognize the
recommendation and make a counter suggestion. The two players truly should take part in clear
correspondence so that arrangement and counter recommendation is sorted out by each part. In
case of the English understanding guideline believed is described as a significant part which is an
essential piece of completing an assurance to ensure that it transforms into a legitimately
definitive arrangement. To shape an understanding the going with requirements ought to be
finished in setting of thought which are given under:,
 Thought ought to be satisfactory yet need not be adequate.
 Thought ought not be from the past.
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 Thought ought to move from the responsibility.
The possibility of contractual intention to have the objective to shape understanding which is
legally limiting among them. The assumption to make legal relationship is feeling the loss of the
social events drew in with formal a genuinely official understanding can't sue each other. Finally
the last part of outlining an arrangement is an understanding design which isn't needed for each
kind of arrangement as most arrangement are molded orally or on occasion with close to no oral
or created correspondence using any and all means.
Here the contract law impacts a business relationship as need might arise to follow all of
these characteristics to approach a legally official concurrence for certain different social
occasions including its labourers or untouchables associated with its business. There ought to be
an arrangement made to the party which ought to be recognized with thought for something of
huge worth and contact all intention. Finally most business affiliation similarly need to ensure
that there is a kind of contact made to ensure that there is a created verification for express
understanding is it will in general be used in case of an unlawful travel from now on.
Contents of a contract
The two key parts of contract are states an implied terms. The things in the
understanding which all of the get-togethers consenting to shape a genuinely legitimate
understanding have made India understanding are portrayed as express terms while proposed
terms imply those things which are not unequivocally communicated anyway are used because
of good natured objective of the social events or by action of guideline or by custom or use. For
this present circumstance business affiliations are affected by the understanding guideline as
needs be to sort out which terms are gone under express terms and which things in the
authentically definitive course of action they are molding with another party go under proposed
terms. It is fundamental for discrete between these two terms as it ensures that the contact is
effectively enforceable and there is no genuine trouble in future or any proviso in view of which
the affiliation can be sued.
The end of a contract
The four different ways through which a contract can be finished incorporate lapse end,
vitiation and disappointment. Termination alludes forthright at which an agreement reaches its
terms and is end it in light of a proper expiry date. End of an agreement is performed and is
based on break expectantly break or end for break. Vitiation alludes to the circumstance wherein
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the individuals shaping a contact have had the option to frame an understanding however there is
an area of presence or non presence of some reality or event or non event of explicit matter
which has been wiped out because of release of an arrangement or in some alternate manner it is
vitiated. In this component of an agreement and association is impacted reason it needs to follow
every one of the guidelines in setting of finishing an agreement and deciding under which section
the end or lapse of an agreement comes so it is finished in a legitimate way and the firm do not
has to tackle any legal difficulties due to their end.
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CONCLUSION
As per the above, it has been concluded that business law is very vital for all organisation.
As it is the body of legislation which applies to rights, relationship and conduct of individual as
well as ventures involved into commerce, merchandising, sales and trade. The key intent and
activities of business incorporates maintaining order, safeguarding rights and liberties,
developing standards and solving disputes.
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