Business Law Exam Paper for BSC (Hons) Business Management with Foundation

This exam paper focuses on answering the three most important questions related to the concept of commercial law. It describes classifications, sources, and their impact on commercial payments. The paper also discusses the UK's legal system, labor laws, and the importance of following employment laws for effective and legal functioning of the company.

BSC (Hons) BUSINESS MANAGEMENT WITH
FOUNDATION
SEMESTER 1, EXAMINATION 2021/22
BUSINESS LAW
MODULE NO: BMP4002
Exam Paper Release Date & Time: Saturday 11 June 2022 at 10:00am
Submission Cut-off Date & Time: Monday 13 June 2022 at 10:00am
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ANSWER BOOKLET
All the pages of the answer booklet should be submitted including blank ones.
Please type your answers in the spaces provided.
Insert additional pages where required.
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INTRODUCTION
The UK has an important area to help manage all the advances and practices that are
inherent in management and strive to manage how to deal with the size of revenue and sales that are
closely related to the law. Every company has a special law to run the company. There is also a
Companies Act that operates companies in accordance with the law and handles organizations that
have all the rules and regulations to legalize them (Marson and Ferris, 2018). There are also some
other laws related to business law, such as contract law, labour law, company law itself, and many
others. The exam focuses on answering the three most important questions related to the concept of
commercial law. Describes classifications, sources, and their impact on commercial payments.
Answer to the Question no. 1(i)
In context to the United Kingdom, the law is not the arbitrary behaviour of other individuals or
groups of people, but this a basic doctrine that requires all individuals to obey or follow the law in
proper manner. Basically, no one is beyond the law. Britain has no written constitution. The law is
created through the passage of a bill by the parliament consisting of a "monarch", the House of

commons and the House of lords (Bagley and et. al., 2020). The public of the nation directly elected
the House of commons and the P.M is usually one of the associates of the House of Commons. The
court system is governed by a judiciary that is totally distinct from parliament.
Answer to the Question no. 1(ii)
The regulation of the United Kingdome is classified into the two parts i.e., public regulation and the
private regulation. The public regulation governs the connection among an individual person and the state
and on the other hand, private regulation governs a connection among an individual the private organization.
Civil law comes under the private law and the criminal law is the came under public law. The brief
discussion of the public and private law with its characteristics has been discussed below: -
Private Law: - Private law may be define as that type of law which governs the connection between the
citizen of the nation and the government. This law is applied when the instances is related to the relationship
between the persons in the legal system. Contracts, property, equity and trusts and family law are the most
imperative areas of this law.
Characteristics: -
 On the autonomy of freedom this law is totally based, that means, any kind of activity can be carry
out by the individual, unless and until prohibited by law.
 The important characteristics of the private law is that paid emphasis on the fairness of the
parties (Graef, 2019).
 If a state participates as an individual in the framework of Private Law, it is deprived of all
Sovereignty.
 Various obligations arise from the responsible act of freedom for the individual, without compulsion
from the state.
 This is National law and with the help of this different types of conflicts among the individuals can
be effectively resolve. This law represents different ways to resolve the conflicts.
Public law: - Public law may be defined as that law which governs the relationship between the
individual and the government, institution and the state, various branches of the government and
connection among the individual which are related to the concern of society (Chaffee, 2019).
Characteristics: -
 This regulate as well as control the employee’s behaviour.
 Treat all the individuals equally.
 Maintain peace as well as order within the society.
 Public law has certainty, formality as well as complexity.
 The public law is very dynamic, autocratic in nature.
Answer to the Question no. 1(iii)
The United Kingdome has the three legal system i.e., England and Wales, Scotland and Northern Ireland.
The brief description of these three legal systems has been discussed below: -
 England and Wales: - this legal system of United Kingdom, operate the common legal
system which not only mixes the passing of rules and regulation but also creation of
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precedents through case regulation (Sulkowski, 2018). The legal guidelines are mounted
with the aid of using the passing of law with the aid of using Parliament which includes the
`Monarch', the House of Commons and the House of Lords.
 Scotland legal system: - Scots regulation is the Scotland legal system which is basically the
hybrid or combined legal system that comprises of civil regulation and not common
regulation aspects, that strains its roots to some of distinct historic sources.
 Northern Ireland: -Northern Ireland legal system is a common law legal system that has
existed in Northern Ireland since it was established as an independent jurisdiction by the
division of Ireland in 1921. Before 1921, Northern Ireland was the portion of the similar
lawful system as any other Ireland.
Answer to the Question no. 2(i)
English regulation occurs in four main ways that are specific regulatory cases (custombased ) Regulations,
common liberty regulations and EU regulations. The remaining 5th pass follows the habit of However, this
has not been considered, as case regulation and regulation generally integrate practices.
Parliament is understood to be an unparalleled regulatory agency, with exceptions. EU regulations to be
considered later. The ordinance passed by Congress begins as a bill. The official invoice is Introduced by
government parliamentarians, it affects the general public. Confidential invoice Influential people and
regions are introduced by non-state actors. The invoice goes through several stages First and second reads,
board and report phases, and third read before moving to location The master where the correction is made.
Bill will be regulated after becoming an empire Approval.
Answer to the Question no. 2(iii)
UK labor laws vary and include minimum wages that must be guaranteed to workers, non-
discriminatory provisions, and equality laws that guarantee decent and philanthropic work for
British companies (Giubboni, 2018). The establishment of a company in the UK by related
multilingual organizations is also protected and encouraged by law. Currently, the law to eliminate
discrimination between companies is being strengthened, and this business will prosper together
with other companies. The advantage is that not all of the UK's population speaks a single language,
so there are people in the UK who speak multiple languages protected by law. Such laws also
protect this business organization.
Answer to the Question no. 3
Employment law: - UK labor law governs relationships among employees, employers and trade unions.
People who are working with in the United Kingdom can trust on the minimum contract of workers' rights
found in parliamentary law, regulation, common law and justice.
All companies have a universal responsibility of take-care for their workforce. This applies to both
local organization owners and large firm that comprises of broad employee’s base. The main purpose of
labor law is to five assistances to the individuals employed on a contract basis. For instance, these kinds of
laws help the workforce to protect sickness rights, vacation time, contract protection, and what occurs to
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workers if a company is acquired or dismissed. The law also comprises of different parts of employment
where injurious discernment can occur. For example, sexism and racism fall under the law.
It is very important for the management of the business organization to paid focus on the
employment law making process. They must have to be very clean on what's anticipated by the
government of UK for working force. What’s more, they should continually set an honest as well as
fair area for all the candidates, and those who effort for them as soon as recruited. They should set
an honest, minimal salary for all personnel at a particular degree, and that they should make sure
that each one info for a task submit are made clean in the course of recruitment. Employment
regulation in large part protect person personnel of UK (López and et. al., 2020). For example, this
rules additionally needs that nearby organizations and large corporations alike provide secure
running situations for all their group of workers. That’s why corporations should have clean fitness
and protection codes in step with UK regulation and practice. Until 2021, tons of this can were
ruled through the European Union. Employers should additionally offer ok schooling and protection
system for all group of workers at the same time as they may be running within their workplace,
which means that they, again, have a responsibility of care to make sure that people can hopefully
and efficaciously perform their paintings without worry of harm or reproach.
Three key variable factors of the employment law making process affect the organization. First is
the nature of law for example like national minimum wage act, firm must have to follow the provide
the minimum wage as per the law. The second factor is the ease of response, if high amount of
financial as well as competitive pressure has been faced by the organization then, it’s become
difficult for them to adopt the laws which are made by the council of the nation. Third one is the
adjustment process within the organization (Haggard and Haggard, 2018). For instance, the
`informality' for the organization means that, the maternity as well as the complexities related to the
work life are effectively managed by the face to face arrangement instead of adopting the formal
administration structure.
CONCLUSION
From the above report it can conclude that the necessity of the company's activities in accordance
with the law and the provisions of the law is indispensable for the effective and legal functioning of
the company. The classification of regulations set by the UK government is explained in the survey
and proves to help companies carry out their activities. Legal sources are also explained in the
investigation. The effective impact of the implications of English law on trading organizations helps
to measure the level of importance to a company's management. Therefore, the conclusions reflect
the breadth of business law regarding the functional and relative capabilities of UK business
organizations.
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Reference List (if Any)
Marson, J. and Ferris, K., 2018. Business law. Oxford University Press.
Bagley, C.E and et. al., 2020. A path to developing more insightful business school graduates: A
systems-based, experimental approach to integrating law, strategy, and
sustainability. Academy of Management Learning & Education, 19(4), pp.541-568.
Graef, I., 2019. Differentiated treatment in platform-to-business relations: EU competition law and
economic dependence. Yearbook of European Law, 38, pp.448-499.
Sulkowski, A., 2018. Blockchain, business supply chains, sustainability, and law: The future of
governance, legal frameworks, and lawyers. Del. J. Corp. L., 43, p.303.
Giubboni, S., 2018. Freedom to conduct a business and EU labour law. European Constitutional
Law Review, 14(1), pp.172-190.
López, H.A and et. al., 2020, April. Business Process Compliance Using Reference Models of Law.
In FASE (pp. 378-399).
Haggard, D.L. and Haggard, K.S., 2018. The impact of law, religion, and culture on the ease of
starting a business. International Journal of Organization Theory & Behavior.
Chaffee, E.C., 2019. A theory of the business trust. U. Cin. L. Rev., 88, p.797.
The End
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