Report on Business Law and Contract Law

BUSINESS LAW

INTRODUCTION
Business is the term which is used to manage or start any type of business. It is relevant
with contract law. In this two or more parties are form legal agreement in order to fulfil specific
act. They are bound to follow rules and policies which are imposed on them as per article of
contract law. There are different kinds of sources of law which having impact on existence
organization. English legal system follow systematic structure for making laws (Roe, 2013). In
present report define various types of sources of law through which companies or firms have to
comply with. According to employment act, organizations are responsible to provide better
working environment to their employees and provide safety of them as well. They have to
provide equal opportunities to all age group of people. As per negligence act one person is
responsible to take care another person and needs to comply with this act.
TASK 1
P1. Systematic structure of English legal system and different sources of law.
English legal system is able to form structure which define rules and regulation which is
easily followed by organizations (Trompenaars and Hampden-Turner, 2011). It consider both
civil as well as criminal law. It is made by judges along with other legal authorities.
Illustration 1: Structure of English Legal system, 2017
Source 1: Structure of English Legal system, 2017

People who are wants to file claim against any other party then they can do so in magistrate,
crown courts. But the matter should be criminal in nature. The person who commits crime
according to provision of law is known as criminal. The dispute which is arise on civil matter
have to provide judgement by civil court.
Various sources of law are as aligned below-
Constitution- The constitution of UK in not in written form. In this legal authorities
define fundamental rights or duties of people which are protect their interest and rights as well. It
is important sources of law which consists lots of legal information. Organizations are bound to
comply with policies (Callison and Vestal, 2010). Population needs to fulfil their duties which
are imposed on them as per the provision of law. It is significant source of law which is able to
allocate power and duties between government authorities. Protect rights of children, women,
handicapped people and old age people who needs help when their rights are protected. It define
procedure to file case against any person and receive claim amount as well.
Legislature- Every state having their own legislation such as United Kingdom. These are
different from one state to another. This is legal body which is able to governed statutory law and
statutes. It consist some laws which having impact on existence of organization and needs to be
comply with as well.
 Statutes- Legislature passed law name called statute which consists various rules
and regulation.
 Statutory law- It is the part of statutes and formed by legislature through follow
systematic procedure.
Executives- President is significant source of law and considered as highest officer in
law. Executive orders issued by president which is important for entire country. Those orders
bound people to follow rules and policies.
 Treaties- It is the source of law in which two or more states are comes in
contractual relationship. One representative from each state is prepare legal
contract with each state (Perry and Stone, 2011). They both represent their state
and imposed signed on legal agreement. Both promoting friendly environment in
order to fulfil their responsibilities and duties. Agreement should be signed by
them and must be present in written as an evidence.