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Impact of Business Law on an Organization

   

Added on  2023-03-22

14 Pages4081 Words90 Views
Business law
Impact of Business Law on an Organization_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK...............................................................................................................................................1
P1 Structure of English legal system and different sources of law.............................................1
P2 Role of Government in law making and application of statutory and common law.............3
TASK 2............................................................................................................................................5
P3 Impact business law on an organisation.................................................................................5
TASK 3............................................................................................................................................7
P4 Legal solutions for business problems...................................................................................7
P5 Justification regarding solutions............................................................................................8
TASK 4............................................................................................................................................8
P6 (a) Concepts and benefits of Alternative dispute resolution..................................................8
(b) Recommendation regarding alternative legal solutions........................................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
.......................................................................................................................................................11
Impact of Business Law on an Organization_2
Impact of Business Law on an Organization_3
INTRODUCTION
Law includes the rules which are prepared by the government of country regarding
regulation of the behaviour of individuals and institutions. It is the duty of all the individuals and
institutions to follow all these laws and rules while conduct their activities in country. For
regulation of companies business law is provided by government of UK. Business law includes
the rules and regulation which governs the activities of all businesses from their formation to
operation of their different activities. Different activities which are regulated by commercial law
includes about corporate contracts, appointment of employees, manufacture and sales of goods
etc. These rules and regulation has large number of importance regarding the management of
different industrial sectors (Acharya, Baghai and Subramanian, 2013).
In the present report explain about, structure of English legal system and different laws
followed by organisations, role of government in maintenance of law, legal obligation of
employer's. Also, legal solutions to business problems and benefits of using Alternative Dispute
Resolution process.
TASK
P1 Structure of English legal system and different sources of law
English legal system consists common law of England and Wales. This legal system
describes about criminal and civil law which are applicable on such countries and the procedures
adopt by court. This legal system is developed in 18th century which comprises many sources of
laws. Criminal laws governs the offences of murder and are of some serious nature which
damages the society in large. On the other hand, Civil law governs the cases related to disputes
happen between the private parties like consumer and supplier, employer and employee etc.
Business laws which are required to follow by all the organisation is comes under Civil law and
the judiciary system of Civil code is applied on their transactions.
This legal system provides proper structure of the judiciary which is followed in UK. The
legal structure which is followed in Civil law is described below:
Supreme court is topmost authority in judiciary system of UK. This will be also called as
House of Lords. It is highest court which have the right to deal with every case and problems
which happen in country. The decisions provide by this court is final and bind all the parties and
other subordinate authorities. On second number, Court of Appeal comes in the judiciary
1
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