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Business Law in English

Enhance students' understanding of how business law is applied to the running of a company and examine the impact of the law on business operations and decision-making.

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Added on  2020-10-23

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Business law INTRODUCTION 1 TASK 11 Legal system 1 3 Justice system4 Impact of law 4 Formation of different types of business organisation 5 TASK 27 CONCLUSION 7 REFERENCES 8 INTRODUCTION The business or commercial law is that body of law that governs the operations of a business organisation through application of various laws and statues. TASK 1 1 Legal system Constituents: The English legal system have main components as common and statutory law. Sources of law-making: Legislation: this is main

Business Law in English

Enhance students' understanding of how business law is applied to the running of a company and examine the impact of the law on business operations and decision-making.

   Added on 2020-10-23

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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Legal system...........................................................................................................................1................................................................................................................................................3Justice system.........................................................................................................................4Impact of law..........................................................................................................................4Formation of different types of business organisation...........................................................5TASK 2............................................................................................................................................7CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
Business Law in English_2
INTRODUCTIONThe business or commercial law is that body of law that governs the operations of abusiness organisation through application of various laws and statues. In the present report adiscussion related with English legal system, its constituents, source of law, organisation justiceis carried out. Along with this different type of business organisation present in the UK with theinformation of their funding and management is presented. Along with the implication varioustype of laws have on the organisation is outlines with the consequences of non adhering withthem.TASK 1Legal systemConstituents: The English legal system have main components as common and statutorylaw. The common laws is a body of law which is made form the decision in the judicial court.The statutory law are made through legislature both primary and delegated.Purpose: the purpose of having a definite legal system in the UK is to establish certainrules and guidelines for directing the conduct of business as well as citizens. Moreover, the legalsystem serve the purpose of providing formal means for resolving the disputes through the courtsystem.Evolution: The English legal system is too old and it is in existences from more than 90years. It has evolved over times as from the 12th century in them main source of law were thecase laws and with time the legislation also become the sources of law (Knapp, Crystal andPrince, 2019). With this the court structure have been made more definite and particular to solvethe disputes. Sources of law-making:Legislation: this is main source of laws under which laws are made through the act ofparliaments and the authorities given as primary legislation to the parliament. There is alsosecondary legislation where the public authorities, local bodies and ministers are give power bythe parliament to make laws.Directives: are the legal act of the European Union which all the members states arerequired to achieve. UK being still a part of EU gets its laws from EU directives such asconsumers Rights Act, 2015.1
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