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Business Law and Law Making Process- Assignment

   

Added on  2021-02-19

13 Pages3923 Words19 Views
BUSINESS LAW

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different sources of law making............................................................................................1P2 Role of government in law-making.......................................................................................2TASK 2............................................................................................................................................3P3 Potential impact upon business of different laws..................................................................3TASK 3............................................................................................................................................4P4 Formation of different types of business organisations.........................................................4P5 Management and funding of different forms of business organisations................................6TASK 4............................................................................................................................................6P6 Legal solutions to resolve range of dispute............................................................................6CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTIONLegal system can be explained as the process or steps through which any of the legal lawand regulations are enforced. In any of the nation, it is necessary to have legal system as it helpsto guide every individual while taking any of the decision. While talking about UK legal system,it is stable and constant where laws and regulations doesn't changes much and more due to whichdecision making process becomes easier. In this project report, there will be various topic relatedto business law and law making process within United Kingdom. There will be detail descriptionthat how any of the business can be setup and what are the basic required which is needed to befilled. In the last segment, there will be description that how any of the case related to disputecan be solved with the help of ADR process.TASK 1P1 Different sources of law makingThe parliament of UK constitutes the law within UK where they are the most powerbody to take any of the legal decision. For any of the criminal and civil wrong activity, courttakes the responsibilities to declare its decision on the basis of situation. Parliament of UK hasbeen divided into two groups i.e., House of Commons and House of Lords where they takesdecision that which types of law should be commenced so that democracy of people cannot beaffected (Johnson, 2013). As UK covers large part of geographical area it becomes important thatthey must use different source to commence any of the law in nation and those source areexplained below:Legislation: This is the major source of UK where it is divided into two parts i.e.,primary and secondary. In primary stage, bills are passed by government at a privatelevel. When this bill is passed it becomes law or act. While talking about secondarylegislation, it is enforced for the purpose of regulation which are formed by primary level.Directives: It is authorised to commence law within the premisses of member states.Whenever they form any law, they give rights and responsibilities to member country thathow they want to commence that particular. It is mandatory to commence that particularlaw which has been commenced by directives.Case law: Any of principle or rule which has been formed while declaring any of theresult within the premises of court is known as case laws. Here, laws are formed by1

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