Business Law and Legal System
10 Pages3032 Words456 Views
Added on 2020-10-05
Business Law and Legal System
Added on 2020-10-05
ShareRelated Documents
Business law
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1TASK 1............................................................................................................................................1Describing legal system of UK...................................................................................................1Role of government in law making process and application of statuaries and common lawsover justice courts.......................................................................................................................2Potential impact of laws over the business.................................................................................3Explaining difference in formation and nature of different types of business structures...........5TASK 2............................................................................................................................................6Legal solution of some business problems.................................................................................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONBusiness law can be defined as a law which contains law relating to commerce and civilactivities in the country (Koutsias and Dine, 2019). It helps the government in having strongcontrol and monitor over the all the private and public commercial activities within the country.The present study includes a brief description about the overall legal system of UK and impact ofvarious laws over the business organisation. Further, the study also provides legal solutions forsome business problems along with recommending appropriate legal solutions based on variousalternative legal advices.MAIN BODYTASK 1Describing legal system of UKConstitution of legal systemA legal system can be defined as a set procedure for the purpose of analysing,interpreting and enforcing the laws along with elaborating all the rights and responsibilities toeach person of the country. The legal system of UK has been constituted by rules and regulationsthat need to be followed by the by each person of the country including individuals, corporations,judicial authorities, etc. Further, the constitution has provided the power of making and amending the laws to theparliament of the country. No person in the country have right to override the rules and lawsmade by the act of parliament. In this regard, it can also be said that in the legal system of UK,the parliament is having sovereign state.Sources of lawSources of law can be defined as those factors through which the laws are framed in thecountry. The major sources of law are as under:Legislations: Legislations are the original source of law. They are created by thelegislatures of the country and applicable to each individual, corporations, governingbodies and even on judicial bodies of country (Mason, 2018). These are framed throughthe green paper of parliament and are the basis of each law of the country as well.Directives: Directives are the laws applicable over the member states of europium union.As the UK is also a member of Eurpion union, the directives are also need to be1
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Business Laws and Legal Structureslg...
|14
|4640
|231
Business Law Assignment Sample (Doc)lg...
|14
|4128
|253
Business Law in UKlg...
|11
|3090
|432
BUSINESS LAW TABLE OF CONTENTS INTRODUCTION 1 TASK 11lg...
|14
|5454
|124
Business Law in Englishlg...
|10
|2571
|194
Business Law Assignment - Role of Governmentlg...
|14
|4845
|253