Sources of Laws and Impact of Employment and Contract Laws on Business

Business Law
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Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Sources of laws......................................................................................................................1
P2 Role of Government in Law making.....................................................................................2
TASK 2............................................................................................................................................3
P3 Impact of Employment and Contract Laws on business........................................................3
TASK 3............................................................................................................................................4
P4 Solution to the business problem...........................................................................................4
P5 Justification for legal suggestion...........................................................................................5
TASK 4............................................................................................................................................6
P6 Methods for the resolution of disputes...................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
Alix Adams Books...........................................................................................................................8
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INTRODUCTION
Business laws are essential form of statutes that regulates the functioning of companies in
the market. It is binding upon all for fair trade and commerce. The Law of Contracts, Consumer
Laws, Employment Laws, Sale of Goods, etc. are some of the statutory obligation over the
business entities. Moreover, there are certain Civil liabilities that need to be comply in order to
perform the functioning of an organisation. In the given case study Business Future is
consultancy organisation which provides their advice to start ups and also to such organisation
who wants to expand their business. Country Pine is one their client. They assemble pine
furniture and working as a sole trader. Country pine wants to expand their business, so they are
looking up to the Business Future for legal and market advice. Also they had a dispute with a
supplier of timber from Poland and they want to settle it harmoniously. This report is about
various sources of laws that constitutes to form a business statutes. Also, business advice has
been provided to the client regarding their expansion of business.
TASK 1
P1 Sources of laws
A well developed society is defined by various factors and one of them is the application
of laws. Laws came into existence from an ancient period earlier it was tribal laws, then comes
the Civilisation, so they mend it according to the circumstances. Conclusively, laws are not
definite it usually depend on the circumstance in which a civilisation has been established.
Similarly laws related to business and trade variate from time to time. For now, in United
Kingdom, the sources of laws are from three factors, the European Law, Parliament and the
Courts. Generally, there are two sources of laws, Primary and Secondary. Legislature and
European Laws are the primary sources of law in UK while the Courts are secondary, that is their
judgements and precedents.
The European laws are originated in 1973 and spread all over the Europe. These laws are
the essence of Roman Empire. Treaties and directives are the significant source of European
Laws. Moreover regulations and decisions are also a significant part of forming the laws. Since,
treaties are legal obligation on two different states, these are mostly use to regulate the
functioning of business between them. European Union, established under the European
Communities Act 1972, is the most significant part of primary source as it is responsible for
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