Business Law Assignment - P1 Different Sources
Added on 2020-11-12
16 Pages5109 Words478 Views
Business Law
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different sources of law..........................................................................................................1P2 Role of government in law making........................................................................................4M1 Effectiveness of the legal system in terms of recent reforms................................................5TASK 2............................................................................................................................................6P3 Impact of company, employment and contract law on businesses.........................................6M2 Difference between legislation, regulations and standards to analyse impact on business...7D1 Critical evaluation of legal system and law...........................................................................7TASK 3............................................................................................................................................7P4 Explain how different types of business organisation are legally formed?............................7P5 Explain how business organisation are managed and funded................................................9M3 What are the advantages and disadvantage of different organisation on the basis of itsformation....................................................................................................................................10D2 Critical review and evaluate types of business organisations..............................................10TASK 4..........................................................................................................................................11P6 Legal solutions for resolving a range of disputes arises in business....................................11M4 Compare and contrast different sources of legal advices and support for disputer resolution....................................................................................................................................................12D3 Effectiveness of legal solutions, legal advice and support for dispute resolution...............12CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
INTRODUCTIONLaw is a system of rules that are created and enforced through social and governmentinstitutions to regulate behaviour. Legal system of a country is defined as “science and art ofjustice”. Law is a system that ensures that individuals and community of the nation must followthe legal system in the country. To regulate legal system in the country there are various differentlaws formed that specially designed to govern a sector. On the basis of this factor to run anddefined legal system of various types of business organisation business law is introduced incountry. Business law defines rules and policies that each business organisation operating in theneeds to follow to avoid any legal complications (Allen and Kraakman, 2016). Formation of lawgives authorities power to make various rules and take every possible step that helps in forming alegal system in the country. Law helps to protect general public and every legal body from anyabuse. Legal system is existed at various levels that helps in implication of laws at each andevery level in the country. To understand the legal system that governs various businesses in UK “Business Law” isanalysed. In this project report to understand business law very effectively nature of legal systemin business law and its impact on business organisations will be examined. Together with thisformation of different types of business organisations and various legal solutions to resolvedisputes in business organisation is available in this report. TASK 1P1 Different sources of lawLegal system refers to a procedure or process for interpreting and enforcing the law. Itelaborates the rights and responsibilities in a variety of ways. Legal system is consist of civil law,common law and religious law. Laws in the country are formed to to have a legal system thatwill help to implement various legal rules and regulations in efficient manner. The evolution oflaw started before the history was recorded with law built up one by one as disputes were settled.The development of law was based on various decision of legal justice provided to generalpublic and some written laws (Bently and Sherman, 2014). Legal system of United Kingdom isderived from various sources some of them are as follows- Legislations: Legislation is law that is created by legislature. Some important pieces oflegislation becomes act of the parliament. UK parliament that is based in London is considered1
as principal legislature. This is the only body that possess power to pass laws that are applied inall four countries. The parliament of UK consist of the Houses of Commons and House of Lords.To pass a proposal as law approval of both the houses are required. Law passed by theparliament are applied throughout the nation as act of government.Directives: These are adopted by the council of the European Union upon a proposalfrom the commission. Directives are addressed to the member states and are binding - memberstates may choose the form and methods of implementation (Sources of Law, 2016). Case laws and treaties: Disputes that gives to rise to an issue that is very important toresolve and future precautions are also required in this regards. Decision of the cases that sets asbenchmark in a particular area is one of the important and common source of law. Treaties thatare established between different countries served as law for the nation because rules andregulations in the treaties needs to be followed. Common law, European Union Law and European Convention on human rights these arealso served as some other sources of law. (Source: Sources of Law, 2016)Courts are the legal authority established by the government of the country in whichmagistrates are appointed to provide justice to general public for various cases. In the courtstructure various courts are involved such as supreme court which is the final court of appeal.After this Court of appeals are their that are segregated into two divisions such as criminaldivision, civil division. After this there is high court that is followed by various other court toresolve issues involved in the nation related to different sector (Court Structures, 2011).BasisCriminal lawCivil lawCourtsMagistrate and crown courts. Country court and high court. AimsEnforce standards ofTo resolve disputes of2Illustration 1: Sources of Law, 2016
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Different Sources of Law in UKlg...
|14
|4753
|53
Business Law Assignment Solved - (Doc)lg...
|14
|4531
|259
Business Law Assignment - P1 Different sources of lawlg...
|15
|4748
|131
Business Law: Sources, Role of Government, Impact on Businesslg...
|13
|5145
|98
Business Law: Legal Systems and Impact on Business Operationslg...
|14
|4433
|199
Role of Government in Law-Making and Application of Statutory and Common Law in Justice Courtslg...
|22
|7468
|24