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Assignment Business Law: Role of Government

   

Added on  2020-06-04

16 Pages5761 Words67 Views
BUSINESS LAW1

ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different sources of law and laws an organization must comply with...................................1P2 Role of government in Law making.......................................................................................4TASK 2............................................................................................................................................6P3 Illustrate how different acts have a potential impact on business..........................................6TASK 3............................................................................................................................................8P4 Legal solutions to Sunset Ltd for termination of contract......................................................8P5 Justification of use of appropriate legal solution..................................................................10TASK 4..........................................................................................................................................11P6 Identify the legal issues and legal solutions in case of business expansion.........................11CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14INTRODUCTIONIn today’s modern era, it is rendered necessary to comply with legal terms and concepts.Law is a term which can be defined as a concept in which there are different rules andregulations framed and enforced though an effective mechanism of governmental and socialinstitution for the purpose of regulation of behavior (Abdi and Aulakh, 2012). Through aneffective implementation of laws and legislation, respect towards each other can be enhancedamong different communities. This report will be discussing about different and varied forms oflaws and guidelines framed for perspective of advising a newly set up organization in respect ofdifferent aspect of rules which should be complied by them. In addition to this, in this report roleof government in terms of formulation and implementation of law in justice courts will also bedemonstrated. Furthermore, this assignment will depict diversified range of compliance that2

should be adopted by companies at the time of incorporation. Also, memorandum and articles ofassociation will be given effect. TASK 1P1 Different sources of law and laws an organization must comply with Law and legal system is a term which involves a procedure for interpretation andenforcement of law. It explains all responsibilities and rights in different legal manner or ways.There are three major sources of law which can be bifurcated as civil law, common law, andreligious law and legislation (Allen and Kraakman, 2016). Legal legislation of a particularindustry includes an oral and written constitution and primary legislations enacted by legislativebody under the constitution.There are different sources of laws that should be complied with. These can bedemonstrated as:Common law: It is the law which is formed by courts, judges and similar tribunals. It isa term which arises as precedents. It is a lawful system which renders an effective andefficient weight and importance to common legal jurisprudence (Business Law, 2017). Equity law: This law describes an importance of equity which should be implemented inpremises of an organization (Appleman, Appleman and Holmes, 2015). In other words,it consists of laws and legislations which are framed with a view point to provide equalopportunities to all employees of a business entity. Judicial precedents or case laws: This is another form which is based on the previousdecisions made by judges of courts.Legislations: It is the most common source of law which comprises of lawful rules andregulations given by a competent legal authority. It is authorised to regulate, prescribeand providing funds along with to grant or to declare anything.European law: It is a system or mechanism which is operating only in a member statesof European Union. Management of Organisations should comply with all the rules and legislations that hasbeen framed by legal and judicial authorities (Bagley, 2010). In addition to this, it is anotable fact there are certain areas of laws which should be complied or adhered by everybusiness enterprise. These laws can be precisely described as follows:3

Key legislation relating to Recruitment and SelectionThe Equality Act, 2010The Immigration Act, 2006The Data Protection Act,1998It is a legislation which hasbeen formed under an Act ofParliament of UK. It is an Act which has beenformulated by the Parliamentof UK. This act is based on Act ofparliament of UK.The main objective of the citedact is to arrange the complexissues and array of Regulationsand Acts. The major aim ofimplementation of this act is toprovide legislation regardingimmigration and asylum(Business Law, 2017).The prime objective of this Actis to prevents data ofemployees and employers. This act should be applied inan organization so as toenhance and build up equalityamong all its employees inrespect of payment,opportunities etc.This act should be implied bya business corporation so as toprotect and prevent data andother information which isrelated to employees. Also,personal data should be fairlyprocessed.Key regulations framed in regard to EmploymentEmployment rights Act, 1996The National minimum Wage Act,1998This act has been framed under anauthorisation of parliament of UK. It is an act which came into force under an actof Parliament in UK. This act has been formulated with a view toprotect rights of employees in the premises ofan organization. Also, it highlights to codifythe laws which are existing relating toindividual rights.This act in UK has been formulated with anaim to provide a minimum wages to allemployees for which they are entitled for.The managers and leaders of a particularorganization should identify and develop needsof protection of human rights in a premises of aFurthermore, this act is applicable on workerswho are entered a contract to perform workrelated activities other than customer and4

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