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Legal System for Business Law - Desklib

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Added on  2021-06-11

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This article explains how market laws and regulations are essential for the organization's operations and how they affect decision-making and other activities. The overall report is split into four parts, each of which focuses on a separate set of issues. The first part delves into the English legal system and the many rules that businesses must adhere to. In addition, the government's position in lawmaking is debated. The effectiveness of the legal system, as well as changes within it, was discussed in order to get a better understanding. Moving on, the key points of various market laws have been clarified, as well as their applicability in various case studies. Finally, there was a contrast between regulatory regimes and complementary legal guidance. This report will provide clarity on the British, and more specifically English, legislation nowadays.

Legal System for Business Law - Desklib

   Added on 2021-06-11

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BSc (Hons) Business Management BMP4002 Business LawAssessment 1 Legal System for BusinessLawSubmitted by: Name:ID: 0
Legal System for Business Law - Desklib_1
ContentsIntroduction2 Part 1: Classifications of Lawp-pDefine laws and identify the respective legal systems in the UKpExplanation with examples the following as means of classification of laws in the English Legal systemp-pa) Civil Lawp b) Criminal Law pExplanation of the role of the following Courts in the English Legal systemp-pa)High Courtpb)Supreme CourtpPart 2: Source of lawp-pExplanation of Case Law as a source of laws pExplanation of the process of making LegislationpThe meaning and examples of Delegated LegislationpPart 3: UK law making process: Employment Law p-pStatutory Duties of Employers to their employeesp Wrongful Dismissal and Unfair Dismissal ActionsConclusionp1
Legal System for Business Law - Desklib_2
Introduction In the business world, the legal system is critical for keeping business equal, just, and orderly. The rule of law refers to a set of simple, easy-to-understand laws that must be followed by anyone in the corporate world. This article explains how market laws and regulations are essential for the organization's operations and how they affect decision-making and other activities. The overall report is split into four parts, each of which focuses on a separate set of issues. The first part delves into the English legal system and the many rules that businesses must adhere to. In addition,the government's position in lawmaking is debated. The effectiveness of the legal system, as well as changes within it, was discussed in order to get a better understanding. Moving on, the key points of various market laws have been clarified,as well as their applicability in various case studies. Finally, there was a contrast between regulatory regimes and complementary legal guidance (Fernandez and Dubber 2012). This report will provide clarity on the British, and more specifically English, legislation nowadays. Part 1: Classifications of LawDefine laws and identify the respective legal systems in the UKThe Supreme Court, officially known as the "House of Lords," sits at the top of the English judicial system. This judicial body's decisions are binding on the other judicialbodies in the hierarchy. Even though the Supreme Court is the top English court, the European Court of Justice's rulings must be enforced by all UK courts under sections2 and 3 of the European Communities Act 1972. The Court of Appeal is split into Civil and Criminal branches and is below the Supreme Court in the hierarchy (Malleson and Moules 2010). The ruling of each of these courts must be followed by the lower courts, although the Civil Division has been granted certain powers that enable it to be an exception to this law. The three High Court divisions oversee the Divisional Courts, whose verdicts are appealable. Following Supreme Court and Court of Appeal rulings, these legal bodies follow the "doctrine of stare decisis." The Crown Court, which is part of the Criminal Division, follows. It is not obligated to obeyits prior decisions. Below the Crown Court, there are Magistrates Courts, which are not bound by any other court and are not required to obey their prior decisions (Embley et al. 2017).2
Legal System for Business Law - Desklib_3

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