Business Law: Sources, Government Role, and Legal Impact on Business

Business law

Contents
Part 1................................................................................................................................................3
Introduction......................................................................................................................................3
Main body........................................................................................................................................3
P1 sources of law.........................................................................................................................3
P2 role of government in law making and how statutory and common law is applied in the
court of Justice.............................................................................................................................4
Statutory and common laws which are applied by the Court of Justice...................................5
P3 how company employment and contract law has a potential impact on the business............6
P4 different types of business organisation and how they are legally formed.............................6
Types of business organisation.................................................................................................6
P5 Management and funds...........................................................................................................8
P6 legal solutions to resolve the disputes with respect to case studies........................................8
Conclusion.....................................................................................................................................12
References......................................................................................................................................13

Part 1
Introduction
Business law refers to the rules and regulations which are developed by the government
or other authorities in order to govern the business and other organisations. It is used in order to
resolve the issues related to private and public laws. These kinds of laws play an important role
in order to manage and maintain the business and other dried practices into the competitive
market as this helps them to protect the rights of the organisation, employees, competitors and
customers (Bergman, 2018). The report discussed the legal system and different sources of law
which are present in the United Kingdom. The role of the government with context to
development of laws and how statutory and common laws are used in order to provide justice to
the people. What is the impact of company employment in contract law on the business
organisation. Moreover the report is being discussed about how the enterprise is used to manage
and funded with the help of appropriate examples. Lastly, the report is being discussed about the
three case scenarios and legal recommendations in order to resolve their dispute.
Main body
P1 sources of law
The structure of the legal system of the United Kingdom plays an important role in order
to provide remedies and help in resolving the disputes. There are three functions which include
adjudication, legislation and execution. The Judiciary is empowered to hear the cases and resolve
them according to the present laws which were developed by the legislature. The legislature has
the power to develop a law so that they can maintain the rules and regulations in the society. The
executive has a power to execute the rules and regulations which are developed by the legislature
and also used in order to ensure such rules and regulations are working with respect to the
provisions which are developed. There are two major categories of sources of law which are
mentioned below:
Primary sources of law: These are such kinds of laws which are made with the help of
documents, evidence, pictures etc. It is the law whose information is given in the original form:

 Case laws: it is the law which is developed by the Judiciary while resolving the
dispute between the parties (Bright, 2018). The decision of such a case will be
applicable with respect to the same facts in issue in another case. Every judge is
empowered to use the decision of the higher authority in order to take reference in
their case.
 Legislation law: the United Kingdom constitution is uncodified law. The written
constitution which was passed by the authority is known as legislation. With
respect to this no one has a right to raise the question upon its legality.
Secondary sources of law: the law which has been interpreted and quoted by the
researcher, scholars, authors are treated as the secondary law. There are several examples of
secondary source of law and some of them are discussed below:
 Parliamentary publications: it is also considered as the background and history in
order to develop any of the law. The Parliament also takes into consideration with
respect to the history of the particular law which was developed by the appropriate
authority.
 Law journals: these are some of the academic Publications which are giving extensive
information with context to any particular topic which might be in the issue in some
of the cases. This can be specific internally where the author used to provide the legal
provisions in simple form which can be used by the authority or any of the readers to
understand the law in a better form.
 Textbooks: it includes the written Bare Act and other interpretation of such laws
which can be included as the secondary source of law (Burke and Cowling, 2020).
These kinds of textbooks can be used by the students so that they can get better
knowledge with respect to the laws or any of the legal topics.
P2 role of government in law making and how statutory and common law is applied in the
court of Justice
The government plays an important role in order to determine how the loss can be useful
in order to manage peace within the society. It is important for the authority to determine several
strategies which can be used by them in order to develop the laws. The government can also plan
different slabs so that they can take taxes from the general people and also plan to use such
revenue into the Welfare of the general public. The government of the United Kingdom has a