Business Law: Sources, Procedures, Company Law, Employment Law, Contract Law, Legal Constitution of Organizations, Negotiating and Funding

Business Law

Table of Contents
INTRODUCTION...........................................................................................................................3
Task-1..............................................................................................................................................3
P-1. Explain different sources of law in UK..........................................................................3
P-2. Clearly explain procedure of creating law and define the purpose of statutory and
common law in court rooms...................................................................................................4
TASK-2............................................................................................................................................5
P-3. Explain company law, employment law and contract law in brief.................................5
Task-3..............................................................................................................................................6
P-4. Legal constitution of different organisations in UK.......................................................6
P-5. Explain negociating and funding of different institutions..............................................8
Task-4..............................................................................................................................................8
P-6 Recommended suggestions towards the below mentioned case laws.............................8
Legal solution:......................................................................................................................10
CONCLUSION.............................................................................................................................12
REFERENCES .............................................................................................................................13

INTRODUCTION
The business law regulates the functioning of the businesses in UK. It deals with the
provisions related to the operations of business in UK. The laws are applied to all type of
business organisations. The business law includes the company law, contract law, etc. All these
laws deals in different fields. The laws are framed by legislature of the nation. In addition to this,
the case laws, precedents also provide for the law of the country(Armour and Sako, 2020). This
report would discuss about the company law, contract law, employment law, etc. It would also
discuss about three case scenario which is related to business law of UK. This report would also
discuss about the formation of laws in UK. It would also outline the hierarchy of different courts
in UK. The courts includes both civil and criminal courts of the country.
Task-1
P-1. Explain different sources of law in UK.
The law is derived from different sources. In UK, the law has mainly arrived from the
four sources. These sources are based on the geographical boundaries of the country. These
sources of law is discussed as follows-
Legislation- The legislature is the prime source of making the laws for the country. It can make ,
modify or delete all the laws of the country. The legislature is also eligible to amend the
previously framed laws for the country. These are framed by the discussion held between the
members of the legislative assembly in the parliament. Firstly, a bill is framed, then the
discussion happens on such bill. After the discussion, the bill is passed from the legislature and
then sent for receiving the royal assent. Then these laws are applied on every citizen of the
country. The legislation can further be divided into two categories. These are the supreme
legislation and delegated legislation(Christie, Saintier and Viven, 2022).
Common Law: The common law is the primary law of country. This division is too crucial
aspect of law devising, principles are created in old case laws. In case of parliamentary it would
create a big perspective. It is made even before the judicial system is being created in the
country. Earlier, there were kings who was supreme. All the decisions made by those kings were
final. These decisions were then used by the government that framed the common law. The
common law has basically explains the structure of the legal system.

European union: The European Union is the authority that frames the law for the citizens of
UK. Its need was realised back after the World War II. There are twenty eight members in this
union. The laws framed by this union is applicable on all these member countries. The member
countries also enjoys the rights provided by this union. It is the basic framework of the legal
system of UK. All the also are made by keeping the laws of this by the parliament of UK. All the
laws are created to promote the peace and unity between the countries of Europe after the world
war. Moreover, it has given a benefit in dominating the market with the most developed
countries as it provides global dominance at the international level(Deb, 2022).
European convention of human rights : This convention basically supports the working
towards the interest of human rights. It is created to promote the peace and harmony in the
country. This would have also resulted in the reduction of conflicts between the countries. The
main need of having this organisation is to create and make a better living surroundings for all
individuals along with cultivate progressive nations. This union has particularly taken care of
implying the human rights laws along with the norms decently within the business organisations.
It also works for the different sectors as well in the country. Moreover, the human rights are one
of the diplomatic aspect along with changing with several new improvements while making with
the change in the society.
P-2. Clearly explain procedure of creating law and define the purpose of statutory and common
law in court rooms.
Statutory law: The statutory laws are the laws that are formed by the statues. These laws
provides the written format which is being created by the legislation of United Kingdom.
Moreover, the basic principle is that is is mainly used in the legal sector by the judges and
advocates in the court room. The meaning if these laws is more clear to the legal sector
individuals. Moreover, these cannot be used by the general people. But, these statues are
applicable on all the citizens of nation. Since, it cannot be justified for profitable result so it is
always used in its simplest manner(Enriques and Ringe, 2020).
Process of application in justice court: This procedure can be understood through a earlier case
of year 1836 R vs. Harris where the accused bit the nose of victim. But, in law it was mentioned
that “stab,cute or wound” to other person is a crime but not biting . So, on this basis the accused
was released with no charges that was implemented on him. Moreover, it explains that the literal