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Business Law Case Study: Assignment

Added on - 09 Dec 2020

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Business Law
Table of ContentsINTRODUCTION...........................................................................................................................1Scenario – 1......................................................................................................................................1TASK 1............................................................................................................................................1P1 Different sources of law and laws..........................................................................................1P2 Role of government in law-making.......................................................................................3TASK 2............................................................................................................................................5P3 Company, employment and contract law has a potential impact upon business...................5Scenario – 2......................................................................................................................................6TASK 3............................................................................................................................................6P4 Appropriate legal solutions for a range of business problems...............................................6P5 Provide justifications for the use of appropriate legal solutions............................................8TASK 4............................................................................................................................................9P6 Recommend legal solutions based upon a different country’s legal system and differentlegal framework..........................................................................................................................9CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTIONLaw is the term which involves several rules and regulations which is enforced bygovernment bodies of the company in order to modulate behaviour of peoples. Regulations andrules applied in business organisation that regulate employees are referred as business law. Itincludes all the laws that order how to run or form a business as well business law govern how tostart, buy, manage and close any kind of organisation. Laws given by government of particularnation related to running of business must be followed by every enterprise(Bagley, 2010).Moreover, business law regulate all the commercial matters and also cite as branch of civil law.The same deal in both kind of laws private and public. Below mention assignment explainsources of laws that company must comply with. It also enlightenrole of government in lawmaking will be covered in the reports. Moreover, potential impact of company, employment andcontract laws in business and solutions and recommendations for business problems.Scenario – 1TASK 1P1 Different sources of law and lawsParliamentary sovereignty –It is the principles of United Kingdom Constitutions andparliamentary sovereignty form parliament which is supreme legal authority in UK. They giveauthority to legal bodies of creating or ending any law as well it is important part of respectivecompany constitution. Apart from this, government of United Kingdom introduce new lawswhich is regulated by queen. Laws are mainly commenced in state opening of parliament whichis generally in October or November. Through Parliamentary sovereigntypeople of countrycome to know about laws and regulation enacted by legal bodies.Legal bodies of United Kingdom –England, Scotland, Wales and Northern Ireland arefour main countries of Great Britain. All these countries have their own legal profession andcourt system they are Scotland and Northern Ireland, England and Wales. Government bodiespasses several policies and laws which is for the welfare of United Kingdom people. Mainmotive behind introducing law is to prevent unnecessary exploitation, fraudulent activity anddiscrimination of people. Apart from this, through laws several rights are given to the people sothey can live better life in ethical manner. Parliament of United Kingdom have authority or
power of creating laws and regulations. Moreover, parliament is divided into three parts: TheQueen, House of Lords and House of Commons.The Queen –It is the official Head of State and Britain has a constitutional monarchy inwhich Queen rules only symbolically i.e., in reality and power belongs to parliament.Main role of Queen is at the time of bill discussion when it becomes law after the wordsof her.House of Commons –It is the lower house of United Kingdom parliament and thepeople involved in this are elected by public of country. House of common involves largenumber of members in government. There are 650 members of Parliament in whicheveryone of them represent several geographic constituency(Cameron, 2017). Membersinvolve in this discuss about political issues which is going in present and gives proposalfor latest laws. Apart from this, member of HOC have responsibility of making decisionsaffiliated to financial bills.House of Lords –It is the second part of parliament which involves 800 peoples inwhich 600 are appointed by the Queen. Recommendation of these people is given by theprime minister as well all of them have independent form, shape and can create laws andregulations also.Hence, various parliament and assembly of united Kingdom have authority or power of passinglaws which can be related to devolved matters, especially Northern Ireland Assembly, ScottishParliament and National Assembly.Law Of United Kingdom –law is divided into several parts such as criminal, civil,private and public. In this criminal law focusing on anti social acts and civil involves severalareas such as contract, employment, lands and so on. Apart from this, public is related to statelaws and their involvement in business as well private is deals with relationship of peoples toeach other. If their any person which will founded break any law then he/she will be penalisedagainst it and amount of charges will be according to crime.Sources of laws –There are some origin of laws which play their crucial role in globalmarket. Some of them are given below :-Case law:This is mainly decision which is given through the judge or by any higherlegal bodies. Because there are various activities, problems and misinterpretation occur inthe society which may become reason of issues which is faced by common people. Thus,
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