Business Law and Corporate Governance
Added on 2020-07-22
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BUSINESS LAW
Table of ContentsINTRODUCTION...........................................................................................................................1SECTION 1......................................................................................................................................1a) English Legal system structure and sources of laws..........................................................1b) Government role in law-making and how certain laws are applied in the justice courts...4M1 Evaluate the effectiveness of the legal system in terms of recent reforms anddevelopments..........................................................................................................................5SECTION 2......................................................................................................................................6a) Employer's legal obligation in relation to following activities..........................................6b) Explain how the relevant employment and contract law will have a potential impact uponthe business.............................................................................................................................7M2 Analyse the potential impacts of regulations, legislation and standards on given casestudy.......................................................................................................................................8SECTION 3......................................................................................................................................8P4) Suggest appropriate legal solutions for the business problems.......................................8P5-and-M3) Provide justification using an appropriate case.................................................9SECTION 4 .....................................................................................................................................9a) Explain Alternative Dispute Resolution process (ADRP).................................................9b-&-M1) Provide recommendations and appropriate legal solutions in comparison withalternative legal advice.........................................................................................................10CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
Illustration IndexIllustration 1: Court Structure..........................................................................................................3
INTRODUCTIONThe laws which govern how a business should run are known as business-law. Fromthe incorporation of the business entity, to purchasing, suppliers, management, selling and atlast closing of the firm all activities are governed by set of laws which are required to befollowed. There are two sets included in this, state/federal laws and administration regulation(Stemler, 2013). All the laws are made by the Government and Judges of Courts. Theoperational activities of the business are mostly impacted by the laws and regulation. Further,they help the organisation to protect themselves from any legal issues or disputes. In UK,major laws are adopted from the European Union Directives and in business they followCompanies act 2006 and Corporate Governance Code. From the following report readers will clearly understand nature of UK's legal systemand its structure. Details about the law-making and role of justice Courts in taking actions areassessed. After that, employers legal-obligation are evaluated through employment andcontract laws. Certain case-studies are solved by following all the legal-advice and business-laws, justification is also provided to the same. Finally, legal-advice in contrast with legal-solution is provided.SECTION 1a) English Legal system structure and sources of laws.In the English legal system, laws are based on the resolution and codes which werepreviously established and from the European Union Directives. There are various branchesof laws but the main structure comprises of Supreme Courts, Court of Appeal, High Courts,Divisional courts and at last comes Regional courts. Further it is evaluated below: The top-most level where all civil and criminal cases are heard is the Supreme-Court. The laws were adopted from the EU laws and European Court of Human Rights inwhich former cases were solved for whole UK while the later one involves England,Northern Ireland and Wales (Allen and Kraakman, 2016). Devolution issues and the caseswhich have public importance are mostly heard at this level. All the decisions are taken inthe groups and final decision is made through voting. Supreme-Court was established afterseparation in 2009 from Upper House of Parliament.
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