Business Law: Sources, Lawmaking Process, and Impact on Business Enterprises

Business law

TABLE OF CONTENT
INTRODUCTION.......................................................................................................................................3
TASK 1.......................................................................................................................................................3
P1 Different sources of law.....................................................................................................................3
P2 What is the law making process in UK and the role government plays in it. The application of
common and statutory legislation in courts.............................................................................................5
TASK 2.......................................................................................................................................................6
P3 Impact of legislations on the business enterprises..............................................................................6
TASK 3.......................................................................................................................................................7
P4 How businesses are legally formed in United Kingdom.....................................................................7
P5 How the business enterprises are managed and funded......................................................................8
TASK 4.......................................................................................................................................................9
P6 Recommendation of legal solutions for dispute resolution.................................................................9
CONCLUSION.........................................................................................................................................10
REFERENCES..........................................................................................................................................11

INTRODUCTION
Business law is a study of different bodies of law which helps out to provide the
corporate and the civil implications in the law society with various branches that are being used
for the organisation(Härkönen, 2018). It provides out all the important implications of law that
are being considered under the public and private law. This mainly covers the commercial
relation and also different types of transactions in the business practices. These are mainly
employment law, contract law, IPR and many more. It provides out safety measures in order to
manage the proper right for the individuals and also to protect the employees from sex, caste,
colour, race discrimination. This report will cover all the implications of corporate and civil laws
with the various alternative dispute resolution and the business practises.
TASK 1
P1 Different sources of law.
In English law helps out to provide the legislation in order to maintain the civil and
criminal matters through which the Justice course can be administered. UK provides out the
study trial of which helps out to maintain a proper balance and also the legislative framework
through which the individual is used to gain out the rights of the law and order. English legal
system consists of various Justice matters through which they try to implement out different
kinds of sources (Nichols, 2019). There are some important sources of law which are being
mentioned as follows:
Primary: It is the original source which used to provide out all the authoritative knowledge and
the powers that are being implemented in order to make an amend the laws. All the primary
sources used to concern out with the original documentation in the work that is being recorded
between them. Some of the important primary sources in the laws are mentioned below:
 Legislation: These are mainly the superior authority which used to help out to implement
the laws in the Parliament as a statically legislations. As the Constitution of UK Is partly
written and Wholly codified. As legislation is the lawmaking authority’s and the
Parliament which used to provide out all the start a tree obligations and the laws which

are been codified and are being framed by the constitutional areas. All such laws are
being made by the House of Commons and house of lords as they used to embark out all
the essential rights that are being needed for the working areas.
 Case laws: These are mainly the primary sources which help out to provide attachments
with the fundamental knowledge in the law reports that cover out a decision and the legal
principle for the future decision in superior courts. When the case used to be gone in the
superior court such adjust used to give their judgement and the judgement that is being
raised by them will be amended and applicable on all these lower and the subordinate
courts that lies between them (Dayton, and et. al.,2018). The decision of the superior
courts will be binding and creates a binding impact on all the lower courts as it helps out
to maintain the future decision on the aspects through which the individual’s life can be
saved and a proper decision can be implemented for the variability and for the justice that
can be prevail.
Secondary sources are mainly the sources which are being gain through the research work
and documents of the primary sources and they usually provide of the documents and the
information through different aspects.
 Legal Encyclopaedia: It is mainly the research and the issues that are been covered in the
key points and elements and the cases that are being studied in it. These are mainly all the
important elements through which a research can be made regarding to the issues in the
legal areas and also about the general aspects through which a person can gain the
knowledge about the legislation and the important rules and operations.
 Text books: It provides out all the academic research through which the legal
implementation and topics are being covered out. For all the students it is important to
maintain and gain the knowledge through textbooks as the law textbooks used to provide
out all the information regarding their article, acts, judgements, rules and the implications
through which they can effectively research about their academic areas and get the
relevancy regarding the topics (Chamberlain, 2018).
 Law journals: It provides out all the specific areas through which the articles and
important case commentaries are being analysed and used in order to understand the
issues in the clear manner. Journals use to provide the important commentaries that are