Business Law - Solved Assignment
Added on 2021-02-20
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BUSINESS LAW
Table of ContentsINTRODUCTION...........................................................................................................................1Main body........................................................................................................................................1TASK-1............................................................................................................................................1TASK-2............................................................................................................................................5Task-3 .............................................................................................................................................7TASK 4............................................................................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONIn the following report various aspects of law are takes and discussed briefly and putting importance to all context of this report it will portray a proper explanation of laws and its types. Majorly sources of flaws and their correct reformative structure is defined and provided in the report given below and this will consist all the major contexts to understand business law correctly (Adams. Law for Business Students (9th ed) London).Main bodyTASK-1Their are various streams of law but he main two bifurcations in law is criminal and civil.Civil law: in this disputes or issues related to matters of land, property, patents, copyrights, wills etc. are described. Here, all definitions and crimes related and their punishments are mentioned. This law helps when a person has issues regarding these and it renders a guideline for working in business which is in written format. The main code of principle is followed in this law to provide help and guide people. Criminal law: in this law it directly connected to issues related to crime field. It revolves around defining all crimes and their punishments in the rule books accordingly. These were created to administer society and protect them from any criminal activity and help victim's get their rights and punish criminals.Act of parliament works in the following criteria:Guide for passage of a bill in parliament goes through two legal bodies known as house of commons and house of lords. Any draft or bill which is presented in a parliament is passed through these legal entities of government separately. Then in the final stage it goes through royal accent where the queen or monarch sighs the document which converts it into an act of parliament (Allen, Kraakman and Subramanian, 2016). The European models provide a contrasting over view of acts in parliament. Here, the model of sovereignty and constitution comprises several laws such as European communities act 1972. it carries a very different element which increase standard levels of parliament & add more characteristic to it.1
Different sources of laws Their are prominently two types of sources of law such as primary and secondary resources. Anylegal system need several sources to develop a perfect amalgamation of acts and ruling which can serve justice to citizens without any complications and confusions.Primary sources of law: These are connected to legislation and regulation to the constitution of United Kingdom, it controls all the regulations of the council and provides guidelines for proper workings in country. Some of most prominent, sources are mentioned below: Legislation: Its the powerhouse of government of United Kingdom, it consists of powers which can make, repeat and remove any law from books of parliament. This legal body of government seeks changes in a certain period of time. Its consists of total 650 members from parliament, where each mister portrays a geographical area of UK (Ambler, Witzel and Xi, 2016). It consists of two legal entities called as “House of commons” and “House of lords”.Common law: This laws formation is for betterment of society. It was originally started in kings ruling where, laws were modified, changed and created each time with different cases. The laws which come under today's modern common law have a history of similar case laws to connect to. Nowadays most common law are modified according to need of case and many courts benches provide jurisdictions according to it. Even when a extraordinary judgement is passed parliament recognises its need and transforms it into an act.European union: This union consists of 28 members which countries across the globe. The development cause of this law was to provide better support and peace between all members. This helps all the countries in global market it createsa dominance in trading goods and services which gives a power to control market rates and supplies (Barling Gasson. Learning Materials for HNC).European convention of human rights: The need of this convention was felt after WWII, where destruction of humans by humans created so much problem that until this convention was created the whole world was divided by their specific territory without any peace and harmony within them. This European convention provided support for betterment of society and giving specific results and spread its basic purpose to create a better society. 2
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