Report on Business Law in United Kingdom
Added on 2020-06-05
12 Pages3362 Words43 Views
Business Law
INTRODUCTIONBusiness law is a vast field of legal system which helps in running the company withsmoothness in the long term. It includes all aspects which are necessary for firm in tye4rm ofmanaging, start and close as per implied by legal authority in United Kingdom. There aredifferent sources of laws which can be applied by organisations (Bagley and Dauchy, 2011).Government also plays a vital role in law- making by company and contributes in modificationsif needed. Justice courts applies statutory and common law so that healthy environment can becreated by firm. There are different legal obligation related to employers implied by law. Theseare some fields which are important to run a business according to law as harassment, equalopportunities, workers compensation and occupational health and safety (Mann and Roberts,2011). An employment and contract law have major impact on the business and there are somelegal solutions can be suggested for business problems.Section 1(a) Design of English legal system and certain references of lawsEnglish legal system is consists of different legal rules & regulation set by the law forcompanies about the ways they should execute their activities and tasks. It comprises of civil lawand criminal law that is crucial for individual and firms in United Kingdom. Common law is oneof vital segment of English legal system in which judges apply statute in courts. It is usually notcodified which means decision are concerned to precedents as past cases are alike current issues.In this, common people combined in a group act as jury make notes about case and judges makefinal decision by considering and analysing the report of jury (Ward and Akhtar, 2011). Civillaw is codified legal system which is also an crucial part of English law of United Kingdomimplied on business of enterprises of country. According to XYZ, which state that there isregular amendments in laws and in that cases are resolved by the judges. Along with these twolaws, statute law is a major system which is a must rule to obey for every business organisation.This is written law in which the concerned legislative bodies of governing regime vote todecided.Origin of law-There are different types of sources which helps an individual andbusiness companies to settle dispute and cresting a healthy atmosphere to work with smoothness.1
For example, constitution, executives, legislature, administrative agencies, judiciaries andinternational organisations. These can be explained as followings.Constitution-This is one of most important sources of law which is a set of fundamentallaw of country (Martin, 2014). It is source of law in three ways like it creates powerbetween judiciary branches and executives of federal government.Case law of EU- This is important source of law which is related to civil law. Thissource is utilized by judges in the case of no specific law mentioned already, so judgesmake decision on their own.Executives-President is the highest executive officer who controls all legal decisions byjudges. There are different treaties between parties involved and executive orders arepassed by authorities.Judiciaries-They are mainly courts which give final decision on particular matter. Allcases are reviewed on basis of precedents and stare desis. The past cases are refereed inthis which are somewhat related to it. International Bodies- A number of internal units which are main sources of law likeInternation court of justice which deals in cases all over world.Administrative agencies-These also are medium through which any dispute can besettled by parties. For example, middle, lower an higher level management ofgovernment have right to make judgement on particular matter. Thus there are manysources of law which help in running smooth functions of business organisation related tocrucial incidents.(b) Contribution of governing regime in law-making and statutory, common lawAs law is officially made by member of parliament by the process of voting and theparticipation of almost all members is there. The governing body has a crucial role as it bringsamendments or modification in law if needed. There are some stages through which law is made.First, bill is read in parliament so that it can be available to every members over there (Rasch andTsebelis, 2013). After that, all MPs discusses about the bill and after that house of lord passes itfor further process. The committee member who get the bill analyse it and try to find loopholesand positive points and when they see something negative they bring modification in thebill. Approximately there are 20 members in committee. Then that specific bill is informed tolot of the house and evaluated by members & further changes are done. After that, the modified2
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