Assignment Law: Assignment Business Law

Added on - 05 Jun 2020

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BUSINESS LAW
Table of ContentsINTRODUCTION...........................................................................................................................2P1 Several sources of legislations which organisation are required to follow............................3P2 Roles of legal authority in law making..................................................................................3P3 Illustrating the way company employment and contract law has a potential impact uponbusiness.......................................................................................................................................4P4 Legal solutions to the problems faced by the companies.....................................................6P.5. Provide justifications for the use of appropriate legal solutions..........................................7P.6. Recommend legal solution based upon a different country's legal system and differentframework...................................................................................................................................8REFERENCES..............................................................................................................................101
INTRODUCTIONBusiness law is defined as the legislation which is formulated by the government in thecountry for governing business activities. Objectives of these regulation is help an organisationin resolving several issues which are creating barriers in the growth as well as success of firm.Laws in UK governs as well as regulates the companies operating business in England andWales. These norms are created by the legal authority in UK for restricting unethical as well asunfair trade practices.The purpose of the assignment is to identify the way several legislations have effect onbusiness operations. It also emphasizes on analysing the effect of company as well as contractlaw on business operations. Project intends to provide wide range of legal solutions for problemsfaced buy company.P1 Several sources of legislations which organisation are required to followThe basic nature of English legal system is that, it does not have specific unified codewhich make its different from other legal system(Allen, 2017). As per the nature of Englishlegal system, no individual shall be authorized except in accordance with law equality before thelegislation fairness. It consists of fair and regulations which are required to comply with thecompanies operating in UK. Company law, wage act, heath and safety regulations are some legalnorms which are to be followed by an enterprise. The sources of these legislations are :Common law-These are the regulations which have been evolved automatically by the decisionmade by judges in the existing law cases.Statutory law- these legislations have been originated by the act of parliament.Delegated legislations- There norms are designed by legal authority to whom the law makingpower has been delegated by the authority (Disch, 2016).Convention of human right- Few laws in English legal system are influenced by the norms inlegislative system of European Union. Convention of Human right this regulation are required tobe followed by Companies. Before Brexit the laws were developed by government of Europeancountry which was followed by an organisation in UK. But after Brexit, The legal authority inUK has planned to create its own norms as well as regulations.2
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