Business Law Contents Introduction
14 Pages5178 Words394 Views
Added on 2020-10-05
About This Document
Business Law Contents Introduction 3 Task 13 P1 Different sources of law in UK 3 M1 Evaluation of effectiveness of recent reforms and development in legal system 5 P2 Role of government in law making and how these are applied 5 Task 27 P3 How companies, employment and contract law has potential impact upon business 7 Task 39 P4 Careful exploration of how different types of business organisations are legally formed. Task 1 P1 Different sources of law in UK As it is seen that, every year the government
Business Law Contents Introduction
Added on 2020-10-05
ShareRelated Documents
Business Law1
ContentsIntroduction......................................................................................................................................3Task 1...............................................................................................................................................3P1 Different sources of law in UK..............................................................................................3M1 Evaluation of effectiveness of recent reforms and development in legal system.................5P2 Role of government in law making and how these are applied..............................................5Task 2...............................................................................................................................................7P3 How companies, employment and contract law has potential impact upon business............7Task 3...............................................................................................................................................9P4 Careful exploration of how different types of business organisations are legally formed.....9P5 how this organisations are managed and funded..................................................................10Task 4.............................................................................................................................................11P6 Identification and recommendation of appropriate legal solutions for resolving a range ofdisputes using relevant examples to demonstrate how a client might obtain legal advice andsupport.......................................................................................................................................11Conclusion.....................................................................................................................................12REFERENCES..............................................................................................................................132
IntroductionBusiness law is considered as a law that consist all the elements which helps in forming andrunning the business organisation. This is basically defined in the written context where theorganisation with the help this law can start, buy and manage the business. This also helps inestablishing the rules and regulations that all the business organisation should follow (Berger-Walliser, Bird and Haapio, 2015). With the help of this the owner of the company can checkvarious obligations that they have to follow some these are contract law, tax compliance,company law, employment law, etc. This assignment is based on the legal structure of thecountry and the different sources of law that exist within the country. Also the impact ofcompany law, employment law, and the contract law would be discussed. The legal structure ofdifferent business organisation would be discussed and at last the appropriate solution forresolving the dispute would be demonstrated through different case studies.Task 1P1 Different sources of law in UKAs it is seen that, every year the government of the country announces its programme forthe legislation by the way of Queen’s speech at the opening of the parliament in the October orthe November. Hence it is commonly said that “Parliament is sovereign”. Due to which there arevarious parliamentary session held by the government to make such amendments for thebetterment of the country and its citizens. The United Kingdom of the Great Britain and theNorthern Ireland of UK has in its existence four countries which includes England, Wales,Scotland and the Northern Ireland (Besley, 2015). The law is that is made by the UK governmentis said to be common and applies throughout the whole of UK constitutions. This law isconsidered to have various varieties of law which includes the written as well as unwritten laws.This is the feature of the countries legal system that parliament is considered as the supremebody that makes and amends the law in the country. Every year the parliamentary session of thecountry is held in the month of October and November where different bill are presented forformation of law. It is the duty of the people of the country to follow the laws that are preparedby the parliamentary system of the country. If any person breaches these laws then the person isliable for the penalty that are defined in the law. It is seen that the various sources of the legal3
system considered various sources of law which includes the statutory law, common law and theequity law. These different sources of laws are defined as below:Statutory law: This is the law that is considered in the written form and form major partof the legal system of the country. This is set by the legislature or the governing authorityof the country. This is the law that is enacted by the legislative body of the parliament. Itconsist of various regulatory as well as he administrative laws. The different agencies thatare framed by the parliamentary system of the government is the source through whichthese law comes into existence (Bishara and Westermann‐Behaylo, 2012). This is thelaw that helps in setting the general provisions relating to the legal structure of thecountry. The government of the country to bring these laws into existence has to followdifferent legislative procedures which are known as the legislative process. Here thediscussion on the bill is made and it is voted upon by both the oppositions as well as theruling party and if the bill gets approval than it is said to be passed by the parliament. Thestages of formation of bill is discussed later part of the report.Common law: as it is seen that the statutory law codifies the act that are being made bythe parliament of the country. This law changes as per the situation that arise in front ofthe jury of court. This is considered as the platform for the countries legal system. Alsothis law helps in codifying the rules and the structure countries laws. Also the function ofthis law is to provide the interpretation and the giving the clarification about the facts andthe cases which are related to the law. These are the laws that are framed and areconsidered to be passed as when it is required by the society, also this is passed when it isnot possible for the current legislation to resolve the issue that arise in front of them. It isseen that this law is framed only when it is required by the society to be framed and onthe case to case basis.Equity law: It is considered as the law which helps the country to provide equal set ofremedied that relates with the procedures which are included in the civil law. Also as theequitable doctrine and the procedures are different from the legal terms, they should betreated equally among the people of the country. This is considered as the body of lawthat was developed by the court of chancery and which is administered by the commonlaw. This is law is framed while keeping in mind the remedies which relates to the4
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Parliamentary Sovereignty and Sources of Laws in UKlg...
|20
|4449
|439
Business Law Making Process : Assignmentlg...
|18
|5844
|71
Business Law Assignment - P1 Different sources of lawslg...
|16
|4670
|72
Business Law Various Sources Assignmentlg...
|15
|4978
|261
Business Law Sources: Assignmentlg...
|14
|5046
|479
Business Law Case Study: Assignmentlg...
|16
|5459
|142