Business Law: Sources, Interpretation, Judgments, Company Registration, Director's Duties, and Contracts

Running head: BUSINESS LAW
Business Law
Name of the Student
Name of the University
Author Note

1BUSINESS LAW
Table of Contents
TASK 1............................................................................................................................................2
Question 1....................................................................................................................................2
Question 2....................................................................................................................................2
Question 3....................................................................................................................................3
Question 4....................................................................................................................................3
Question 5....................................................................................................................................4
Question 6....................................................................................................................................4
TASK 2............................................................................................................................................6
Question 1....................................................................................................................................6
Question 2....................................................................................................................................6
Question 3....................................................................................................................................6
Question 4....................................................................................................................................7
Question 5....................................................................................................................................7
Question 6....................................................................................................................................8
Question 7....................................................................................................................................8

2BUSINESS LAW
Question 8....................................................................................................................................9
Question 9....................................................................................................................................9
Question 10................................................................................................................................10

3BUSINESS LAW
TASK 1
Question 1
The Primary sources of UK laws are:
 Legislations and Statutes: The legislation carried out by the UK Parliament is one of the
major sources of law in the UK. The Parliament being the supreme law-making authority
of the country starts the process of legislation with a Bill and sums it up with a Statute,
which requires the assent of the Queen.
 Common law: Common law is the laws that has built by way of the principles
established through case laws, over the years since the 11th century. The courts have
created common law by interpreting the statutes.
 Delegated Legislation: The Parliament may from time to time give the authority to a
body to make by-laws and regulations for certain legal purposes. The main reference of
this type of source is the statutory instruments (Bell 2018).
The International sources are:
 EU Laws: Although UK is no more a part of the European Union, however it still has a
great EU influence on its laws through treaties, directives, precedents and regulations.
 International Treaties: the Government of the UK signs several international
conventions and treaties, and ratifies them to create a binding effect.
The Secondary sources are:
 Law Journal
 Parliamentary and Non-Parliamentary Documents
 Legal Textbooks
Question 2
Differences between:
 Public and Private Law: The relationship between the State and its individuals are
governed by Public law. While, private law governs the relationship between individuals
or between individuals and companies in a State. Public law covers Constitutional law,
Criminal law and the administrative law. Constitutional law includes the three orangs of
the government, namely: Legislature, Executive and Judiciary. Criminal law lays down
the provisions of criminal offenses and their sanctions. Administrative law comprises of
the international trade, taxation laws and laws governing governmental bodies. On the
other hand, Private law covers the law of torts and the law of individual obligations.
 Criminal and Civil Law: Criminal law covers the different types of offences and their
sanctions that affect the society. A breach of criminal law attracts criminal prosecution