Business Law: Legal System, Legal Solutions, and Disputes

Business Law

Table of Contents
INTRODUCTION...........................................................................................................................1
SECTION 1 (NATURE OF LEGAL SYSTEM ON BUSINESSES).............................................1
TASK 1............................................................................................................................................1
Explanation of the legal system in United Kingdom and the difference between civil law and
criminal law............................................................................................................................1
Overview of the sources of law in United Kingdom..............................................................2
Explanation on the role of government in law-making and how statutory and common law is
applied....................................................................................................................................2
Explanation of the key legislation, regulations and standards that a new business needs to be
aware of..................................................................................................................................4
Analysis of the potential implications of law on a business...................................................4
Provide a critical reflection of the UK legal system using examples to demonstrate strengths
and weaknesses.......................................................................................................................5
TASK 2............................................................................................................................................5
An introduction to different types and classification of business organisations in both the
public and private sectors.......................................................................................................5
A critical evaluation of the advantages and disadvantages of different legal structures........5
How different organisations are managed and funded in both public and private sectors.....5
SECTION 2 (LEGAL SOLUTIONS TO BUSINESS PROBLEMS).............................................5
Legal solutions for resolving disputes....................................................................................5
Different source of legal advise..............................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Law is explained as the set of rules and regulations which is commenced by a particular
state meant for the purpose of keeping the peace and security of society. Business law is one of
the branch of law which covers all of the commercial activity on daily basis. In context of the
file, it has been divided into two different section in which first section explains about the legal
system of UK and its effects on business organisation and how different form of business
organisation are formed. In case of second section, case will be solved with the help of different
legal solution procedures.
SECTION 1 (NATURE OF LEGAL SYSTEM ON BUSINESSES)
TASK 1
Explanation of the legal system in United Kingdom and the difference between civil law and
criminal law.
Legal system of UK is one of the very easy and understandable law which helps to any of
the person and organisation to take their decisions of own. The main benefits which organisations
get with the help of UK law is that it is not biased due to which everyone gets equal opportunity
to perform better in the market. In this legal system, final decision is always taken by Queen but
before that she takes the help of House of Lords and House of Common who represents the house
of Parliament. There is no one who can even ask question with Parliament for the decision which
are being taken by them (De Padirac, 2018). Everyday they commences the number of law for
different field but for organisation it is necessary for everyone to refer business law.
In present scenario, the legal system of UK has been categorised into two part i.e., Civil
law and Criminal. Talking about Civil law, it has the responsibilities to deal with those offences
which are not performed for creating the violence in the country. Civil law have the authority to
deal only with those cases in which person have the chance to get bail from court. Discussing
about Criminal law, these law are introduced for the purpose of maintaining the situation of
country for not allowing to perform any of those activity which creates trouble for local
people(Epstein, 2018). Whenever any of the person perform criminal activity they are punished
under the criminal activity and even punishment are also not bailable in it.
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Overview of the sources of law in United Kingdom.
In order form any of the law, there is the requirement to take the help of different sources
because it is never possible to commence any of the law with the help of single sources. As UK
have covered bigger portion of Land it is necessary for them to depend upon multiple sources so
that better outcomes can achieved in future. Some of the available sources are discussed below:
 Act of Parliament: This source is very crucial for UK as they have the higher level of
power for commencing any of the law. Here, law is formed by the proper involvement of
each and every member of parliament. For the process forming law through Act of
Parliament, final approval is needed to be taken from Queen who have supreme level of
power in the nation.
 European Court: It is also one of the important source in commencing law for UK
because the law which they introduce are based on the situation which arises within the
country (Lee, 2017). In context of United Kingdom, there are almost half of the law has
been commenced by European law and even the outcome of those laws are favourable.
 Common law: It is necessary for UK delegate power to sub branches for forming law
because it helps to deal with the situation in which regulations have been not passed.
Talking about the procedures to form law under it, judges have the power in which they
form the law as per the requirement of situation for sorting out the matter which has arise
in front of them. From immediate effect those laws are applicable for every individual as
well.
 International Court: It is the internation body commenced by the committee of United
Nation which have the responsibility to commence laws for maintaining the peace
between different nations (Lordkipanidze, 2018).
Explanation on the role of government in law-making and how statutory and common law is
applied.
In UK, number of decisions are being taken by the government where they have to look
for three different work and they are representing the interest of every citizen from there
particular area, secondly they have to pass the laws and regulations for the betterment of a
country and the third one is that they have to monitor each and every actions of government. The
detail procedure to form any of the new laws within UK are:
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