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Business Law in KANGO Assignment

   

Added on  2021-02-19

10 Pages2809 Words62 Views
Business Law

Table of ContentsINTRODUCTION ..........................................................................................................................3TASK 1............................................................................................................................................3Detail discussion on the nature of legal system..........................................................................3TASK 2............................................................................................................................................4How business law impacts on any of the business organisations...............................................4TASK 3............................................................................................................................................6Explain the formation process of different types of limited business organisations...................6TASK 4............................................................................................................................................7Deliver the suitable way to resolve the area of dispute within the business organisations.........7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTION Business law is understood as the law which governs the commercial sector of a nation.This law is important because it helps to take any of the organisational decision which assist tobring positive outcomes. The cases of business are dealt under the branch of civil law. Thisproject will have the detail information about business law and how it needed to be governed. Allof the advices in this particular project will be given to KANGO(K). They deals in the sector ofdelivering the meal services to home and they are involved in this sector since 2016. Some of thetopic which will be covered in this respective project will be related to nature of legal system andand how does it impacts on any of the business organisation. There will also be the explanationon the topic of formation of different types of limited company and it discussion will last tilldelivering the appropriate solution to dispute. TASK 1Detail discussion on the nature of legal system.In this respective question, the management system of K have realised that they mustgive some basic knowledge about the legal system of UK as that can be very effective for themto achieve the desire goals. The knowledge of legal system will help KANGO to take most of thebusiness decision and that can be effective too. The legal system of UK is very lengthy and every laws and regulation are well frameddue to which it helps to take any of the business decision. The power to pass any of law has beengiven to the House of Parliament as they are the Sovereign body and due to no one has the rightsto interrupt their proceeding. The main focus of UK parliament while commencing law is thatevery should be benefited from any of the particular law so that any kind of disputes cannot beraised in future (Cameron, 2017). The session of Parliament always starts by the speech which isbeing delivered by authorised member of House of Lords i.e., Queen. There are seven differentsteps which need to be considered while commencing law in UK and they are first reading,second reading, committee stage, report stage, third reading, House of Lords and obtainingRoyal Assent. All of this steps must be considered to commence a better law within theorganisation.Although, various steps need to be followed while commencing any of the law but still itis said that government of UK doesn't relay on single method to commence law. There are other

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