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Business Law Assignment - Legal Procedures

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Added on  2021-02-19

Business Law Assignment - Legal Procedures

   Added on 2021-02-19

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BUSINESS LAW
Business Law Assignment - Legal Procedures_1
Table of Contents
INTRODUCTION...........................................................................................................................3
SECTION 1: UNDERSTANDING ABOUT LEGAL PROCEDURES.........................................3
TASK 1............................................................................................................................................3
Parliamentary sovereignty......................................................................................................3
The four functioning elements of sources through which the laws are created.....................3
Role of government in the law making process.....................................................................5
Study of Statutory and Common law's procedure in Justice Court:.......................................6
Impact of Company,Employment and Contract law on business is present below in tabular
form;.......................................................................................................................................6
TASK 2............................................................................................................................................7
Discuss about various type of company with its nature of formation....................................7
Distinguish between unincorporated and incorporate business organisation on the basis that
how they are managed and funded.........................................................................................8
SECTION 2: GIVING THE RECOMMANDATION ....................................................................9
CASE 1............................................................................................................................................9
Case Scenario.........................................................................................................................9
CASE 2..........................................................................................................................................11
Case Scene............................................................................................................................11
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15
Business Law Assignment - Legal Procedures_2
INTRODUCTION
Business law is the cycle to study the formal and informal divisions of the business
organisations. It covers the sector that defines the basic methodology of understanding different
solution to make business reasonable to understand and operate. There is a brief analysis of some
major parts of business league, such as parliament sovereignty,speech of the Royal Queen,
United Kingdoms laws source and many more. Business law is study of all criteria that is
important to run an organisation. It covers all grounds from manufacturing, purchasing & selling
of goods, commercial contracts to consumer regulations, tax benefits, trust funds and many
more. Without the brief study of these, one cannot run a business and provide qualitative and
quantitative work. The following paper will include a brief analysis of all aspects of business law
which includes parliamentary sovereignty, various forms of law in United Kingdom. The paper
will explain a critical evaluation of corporate sector, the nature, formation and its different
divisions. This study also explains the legal procedures through case laws and solutions of
solving disputes.
SECTION 1: UNDERSTANDING ABOUT LEGAL PROCEDURES
TASK 1
Parliamentary sovereignty
The parliament was formulated in the early 17th century, sovereignty refers to the
supremacy of the legislation authority. It consists of several powers which keep changing over
the years due to needs accordingly for the nation. The united kingdom is divided historical and
geographically by the previous ruling political countries into England, Scotland and northern
Ireland. In the shortest explanation it has full authority of creating laws and statues, the court do
not contain whole independence, no parliaments are connected, no law made by parliament can
be questioned (Boldt, Kassis and Smith, 2017). The first thing during the opening of Parliament
in October-November is the Royal Queen's speech called the”Speech from the throne”. It guides
Business Law Assignment - Legal Procedures_3
through an outline for the new policies, rules and programmes of government for the assessment
year. It is a tradition and cultural ritual from ages and is followed in history of the country.
The four functioning elements of sources through which the laws are created
Legislation: It is the main-house of the country that gives its citizens a healthy, safe &
developed environment. The two main divisions of legislature are Primary which provide the
guidelines and guide outlines for the law. Secondary is about discussing about the usefulness of
the draft law and provides the legal procedure of making and transforming it into an Act in
Parliament.
Common law: It is one of the sources of united kingdoms 'unwritten constitution'.The
formation of laws are after the bench of the court which make remarkable jurisdiction. In simple
terms when a law is formed after an case law, or the case law is followed for the formation of
law. In united kingdom certain cases where the parties do who wants the jurisdiction towards
them give case laws that provides judgements that is relevant to the case & imply the same
jurisdiction which is “common law” (Busine, 2016). The historical reference to these common
laws go way back to the rulers of England where the final decision of the king was made an law
in the country. This practice was followed and used by many other rulers and was passed on to
many different countries, today more than 50 countries across the globe have 'common law' in
their jurisdiction.
European union law: The sole purpose of this union is to support and encourage
peace in the countries as mentioned on the official European union website. It represents the
members of the state government and relates to several matters from agriculture to law making.
The workings here is very simple first, the council makes the laws or policies second, ministers
are elected by the people, who debate upon them in parliament and later the commission
executes the laws. The whole and sole purpose of the formation of the union is to actively
support the countries in union and become globally dominant. Economically having the union
gives a very strong hike in global market to its all member countries and a strong competition to
other countries worldwide. It vanishes the border issues between the countries which provides
good flow of goods and services between the countries also benefits other areas such as
environmental protection, research of diversification and lower tax rate.
European convention on human rights: The (ECHR) European union was created for
protection of humans through shield of human rights, attention to create it was generated after
Business Law Assignment - Legal Procedures_4

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