Business Law Assignment : AAD Fashion Ltd
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Added on 2021-01-02
Business Law Assignment : AAD Fashion Ltd
Added on 2021-01-02
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Business Law
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1 ...........................................................................................................................................3P1. Explain the different origin and sources of law and that organisations must comply with. .3P2. Role of government in law making and Application of statutory and common law in thejustice courts................................................................................................................................5TASK 2. ..........................................................................................................................................7P3 How company, employment and contract law has a potential impact upon businesses........7TASK 3..........................................................................................................................................10P4. Presenting the legal principle and devise and the position of a company .........................10P5. Provide justifications for the use of appropriate legal solutions........................................11TASK 4 .........................................................................................................................................12P6 Legal letter to AAD Fashion Ltd ........................................................................................12CONCLUSION .............................................................................................................................14REFERENCES..............................................................................................................................16
INTRODUCTIONBusiness law combines all of the laws that govern or run the business. This includesactivities of how to start, buy, manage, control and close or sell the business. Laws introduces bybusiness laws are necessary to be followed by all the business firms. Business law consists ofstate and federal laws and administrative regulations as well. It is also known as commercial lawor the body of rules. There are different forms of legal business i.e. sole proprietorship whoindividually bears the risk involved in the business. This report covers the basicnature of legalsystem, impact of law on business and appropriate legal solutions to these problems. Apart fromthis it will cover role of government in law making, sources of law. And lastly it will cover legalsolutions based upon different country's legal system. TASK 1 P1. Explain the different origin and sources of law and that organisations must comply withEnglish Law refers to legal system that is applied within the territory or jurisdiction ofEngland and Wales. It comprises mainly criminal and civil law where each branch has its courtsand procedure. England and Wales is a Common law system which is different from the law ofother countries. Different sources are:Statutory/ Legislation: It refers to laws which are formed by legislation and produced byParliament which originates from decisions made in other courts. After legislation hasbeen proposed, it begins in the form of bill that passes through readings in both the Houseof Common and House of Lords and after completing the procedure it receives RoyalAssent and become a law. It is different from administrative laws which is applied bylegal executives. Common Law: The English Legal System is based on common law which is also termedas case or precedent law that is been developed by Judges and Courts. Judges createCommon Law by delivering written judgements about the cases before them. The aim ofCommon Law system is to ensure that the law remains “common” throughout the land. European Union: EU law relates to a wide range of different matters from agriculture tocompetition law and it applies to all the members of European Union which consist of 28countries. It is divided into two parts i.e. Primary and Secondary legislation. Whereprimary legislation are the basic rules for all EU action. Secondary legislation includes
directives, regulations and decision which is derived from principles and objectives setout in treaties. Laws that organisations must comply with:It refers to the system of rules created by State which is enforced through courts and thelegal system in the society. It provides remedies, sanctions and regulates behaviour. There arecertain laws which governs functioning and operation of Business Entities and it is important forthem to comply with these laws:Employment Law: In UK labour laws regulates the relations between workers,employers and trade unions. It includes provisions that must be abide by employer inorder to ensure employees are treated fairly. In United Kingdom e geoyees get benefitfrom minimum charter of employment rights under various acts and regulations. Themain employment statues include Trade union and Labour Relations act 1992 andEquality Act, 2010 these statutory provisions are applicable to both foreign employeesworking in UK and employees from the United Kingdom working abroad. EmploymentAct covers these areas of issues i.e. Minimum Wage, Leave, Redundancy andTermination of employment and Pensions (Bolling, Bullic and Siilsalu, 2017). There arevarious case laws which gave their verdict for protecting the rights of employees. Forinstance in case GAB Robins (UK) Limited v Triggs [2008] ICR 829) the employer wasasked to provide compensation to its employee because the conduct of employer causedconstructive dismissal of its employee. Company Law: The Companies Act 2006, is created by an Act of Parliament of UnitedKingdom which forms the primary sources of UK company law. It laid down thepowers / authorities that can be used by directors and roles and responsibility that directormust need to follow in order for the success of company. Consumer Right: The term refers to provide Right to safety and Right to be informed. Itis the duty of company to made availability of information required for weighingalternatives and protection from false and misleading claims through advertisements andlabelling practices. This act came into force on October 1, 2015 stating that company whodealt in selling goods and services will need to comply with Consumer law. Further, thereare legislation for firm who sells product or services through online platforms need toinform their consumers through email confirmation (Giliker, 2017). For example though
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