Ask a question from expert

Ask now

Business Law English Legal System PDF

14 Pages4438 Words149 Views
   

Added on  2020-10-23

Business Law English Legal System PDF

   Added on 2020-10-23

BookmarkShareRelated Documents
BUSINESSLAW
Business Law English Legal System PDF_1
Table of ContentsINTRODUCUTION........................................................................................................................4SCENARIO 1..................................................................................................................................4Nature of English legal system....................................................................................................4Impact of law on the business......................................................................................................6Potential impact of on the business of the client:........................................................................6Difference between legislation, regulations and standards and their impact on the businesswith examples..............................................................................................................................7SCENARIO 2..................................................................................................................................8Formation of incorporate and incorporated business...................................................................8The management and funding of the different types of business organisation...........................9Types of business organisation and their advantages and disadvantages....................................9Recommendation to solve alternative dispute resolution methods............................................11Comparing and contrasting different sources of legal advise....................................................12CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
Business Law English Legal System PDF_2
b
Business Law English Legal System PDF_3
INTRODUCUTIONThe business law defines the legal structures and laws that is essential required to beabided with for the businesses while carrying out its operations as well as by the public whenconducting day to day activities. There are many laws, statues, legislation which are relevant forbusiness including company, contract, employment, health and safety, equality, data protectionto name a few. In the present report the nature of English legal system is defined which includesthe sources of law and effectiveness of this system in context of recent reforms anddevelopments. The potential impacts various laws have on business is discussed with explainingthe application of common and statutory law in the justice court. Along with this the natures ofdifferent type of business organisation is presented with giving there advantages anddisadvantages. Lastly, the report includes the alternative dispute resolution methods to resolve acommercial dispute as an alternative solution apart from litigation process.SCENARIO 1 Nature of English legal systemThe English legal system is one of the oldest legal framework around the world as it isoperating from more than 900 years. UK is not rules by a foreign power so still the some of theold laws and statues are still intact. The very first source of the law under this framework werecommon law which is still one of the major source of UK law.Sources of law in United Kingdom Legislature: primary legislation that is the act of parliament is the main source of UKlaw where the laws and statues are formed through parliamentary procedure (Wills, 2017).Another is the delegated legislation where the public bodies, local authorities and ministers aregiven the authority by the parliament to make or form the law.Case laws: is the oldest source of law where the ruling and decision of the decided caselaw become laws with getting a binding effect on the lower court through the doctrine of judicialprecedents. The decision are to be referred by the lower courts in case where the facts of the lawsuit are similar and pass the judgement accordingly.
Business Law English Legal System PDF_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Evaluation of the Impact of Laws and Standards on the Business
|12
|3696
|377

English Legal System (ELS) - Assignment
|9
|2322
|80

Business Law INTRODUCUTION 5 ACTIVITY 1 5 P1 Presenting different sources of law 5 P2 Impact of laws, regulation and standards on business 7 M2 Impact of business 7 M2 Law, regulation and contract law
|12
|3863
|249

Nature of English Legal System- Assignment
|12
|3814
|89

TASK 1 English Legal System
|13
|3504
|302

Business Law in English
|10
|2571
|194