Business Law and Ethics

Business Law and
Ethics

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Business law is defined as set standards of behaviour that are expected of sole proprietorship
aims and organisation. It defines the manner in which organisation is required to behave along
with their legal obligations (Clarkson and Miller, 2020). Business law mainly applies upon
business entities like cooperation and partnership; it regulates operations and functioning of an
organisation by bounding it from certain policies. Along with this it directs transaction between
entities that include commercial leasing, business formation, acquisition and mergers, consumer
protection, contract and litigation (Kubasek, Dhooge and Barkacs, 2020). While if it is talked
about ethics it duly determine the ethical course that are required to be abide by an organisation
in order to conduct business operations with truthfulness and fair manner. Present report has
been conducted on English legislation along with two types of lawyers that are the junior lawyer
(Solicitors) and the senior lawyer (Barrister). In addition to this report include comparison of
system of UK and other country legal system.
MAIN BODY
English legislation
The United Kingdom is divided into three main jurisdictions
 England and Wales,
 Scotland
 Northern Ireland.
In this entire jurisdiction everyone has their own lawyers, laws, court, system and judges.
This has been evaluated that law is termed as a rule that duly direct individual behaviour in
civilized society (Goodman, 2020). Primary source of law include case law and legislative
election. In this case law include a decision that has been made by higher courts, all those who
are present in the form of courts of record that are required to be applied and followed by senior
courts. While in terms of legislation these are order in council acts of parliament statutory,
instrument, status etc (Bovis, 2020). While on the other hand secondary sources of law include
legal experts opinion, text book by legal writers and court decisions.
1