(doc) Assignment on Business Law
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Added on 2020-07-22
(doc) Assignment on Business Law
Added on 2020-07-22
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BUSINESS LAWContents
INTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Structure of English Legal system and sources of law.................................................1P2 Role of government in formation of law and its applicability........................................2TASK 2............................................................................................................................................4P3 (a) Impact on Law on Business organizations...............................................................4(b) Application of employment and contract act on business............................................6TASK 3............................................................................................................................................7P4 Legal solutions in case of business issues and cases..................................................7P5 Justifications for legal solutions........................................................................................8TASK 4............................................................................................................................................8P6 (a)Concept of Alternative Dispute Resolution Process.................................................8(b)................................................................................................................................................9CONCLUSION...............................................................................................................................9REFERENCES............................................................................................................................10
INTRODUCTIONIn this present world, law has its own significance. Law is a set of rules andregulations which are framed and enforced through governmental and social institutionsfor an effective regulation of behaviour. Business law can be recognised as a type oflaw and legislation (Bagley, 2010). In this report, way in which business law isapplicable in varied operating situations are applicable and also various sources ofEnglish Legal structure and sources of law is discussed. Also, role of government andother functions along with different ways of application of justice court is demonstrated.In addition to this, various provisions of Employment Act will be given effect. In this light,application of provisions of contract act and employer’s liability is elaborated.Furthermore, various concepts in regard to alternate dispute methods is discussed inthis report. In the end, recommendations are also given in respect of dispute resolvingmethods. TASK 1P1 Structure of English Legal system and sources of lawEnglish law is a system which has been evolved in UK in 18 centuries. It is anotable fact that there are various sources which are formed for purpose ofunderstanding various forms of judiciary and legal structure in UK (Cheeseman andGarvey, 2014). In this light, there are several sources of law, that are framed in aconstitution of each and every country (BUSINESS LAW REVIEW, 2017). Also, law andlegal system is a concept which govern and regulate behaviour of people. Legalprinciples can be signified as effective generalised statements rather than legal rules.Diverse range of sources of law can be demonstrated as follows:Constitution: It is considered as a most significant term in a legal system of acountry. It is a concept which coincides and precede over any other source oflaw. It is reasoned as a fundamental document of a country. In this light, it can bewell understood as a concept which consists of set of fundamental principles anddecided precedents, in accordance of which state or country regulates. It is anotable fact that it is concerned with diverse level in an organization. 1
Case law: It is another form of sources of law which is related to the decisionsand law that has been made by judges by the way of decisions. In addition tothis, distinctive features of common law have been developed in each kind ofjurisdiction. In other words, it can be understood as a set of rulings which aremade by judges and like kind tribunals, which meet their rules of respectivejurisdictions, which formally cited as precedent. On the bases of case laws, courtsometimes makes further decisions. Common law: It is a framework which is generated and developed by courts,judges and similar tribunals. It also involves those situations in which parties tocontract disagree in regard to law and in that cases, common law court takesreference from decisions passed by relevant courts in synchronization withprinciples of past cases.Equity law: This is a law which is related to developing and promoting equityamong premises of an organization (Bishara, 2011). It is a part of common law. Itmainly focuses on to creation of equity in each and every aspect and parts of acountry. Legislation: Legislation is a term which is a significant procedure enacted orpromulgated by a governing body or a legislature. Legislation is known as Billbefore it is being declared as law. The main purpose of legislation can be interms of regulation, authorisation or to restrict something. It can be noted thatlegislature is proposed by a member of the legislature. European Law: It is a concept in which there are numerous rules, operating inseveral states of European Union. It has an objective to enhance and developpeace and its efficient values along with social welfare of people. P2 Role of government in formation of law and its applicability.It can be said that formation and implementation of law is one of main function ofGovernment of a particular country. In this light, UK Government is also entitled to makelaws that intents to formulate effective control in various aspects (Cavaliere, Mulvaneyand Swerdlow, 2010). Considering this, the main role of government in making law canbe understood by analysis of different steps of creation of law. Law is prepared byparliament, which be considered as an outcome from different proposals. Government2
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