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Business Law Assignment - P1 Different sources of laws

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Added on  2020-10-22

Business Law Assignment - P1 Different sources of laws

   Added on 2020-10-22

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Business Law Assignment - P1 Different sources of laws_1
Table of ContentsINTRODUCTION ..............................................................................................................1Scenario – 1.......................................................................................................................1TASK 1...............................................................................................................................1P1 Different sources of laws..........................................................................................1P2 Role of government in law making...........................................................................3TASK 2...............................................................................................................................4P3 Impact of employment and contract law on business..............................................4SCENARIO - 2...................................................................................................................5TASK 3...............................................................................................................................5P4 Appropriate legal solutions for business problems..................................................5P5 Justification...............................................................................................................5TASK 4...............................................................................................................................5P6 Recommendations of legal solutions.......................................................................5CONCLUSION ..................................................................................................................6REFERENCES..................................................................................................................7
Business Law Assignment - P1 Different sources of laws_2
Business Law Assignment - P1 Different sources of laws_3
INTRODUCTION Law consists of different rules and regulations that are enforced by governmentinstitutions of country in order to modulate behaviour of people. Law implemented withinbusiness premises that governs people of organisation are referred to as business law.It is also known as commercial law. Business law governs all commercial matters and isalso referred as a branch of civil law. It deals with both law, that is private and publiclaw. Commercial law generally regulates hiring practices, sales of consumer goods,corporate contracts, etc (Bagley and Dauchy, 2011). This help in regulating ethicalbehaviour and legal action within organisation that helps in avoiding illegal activities anddiscrimination. Company follows different laws which are enacted and passed bygovernment of the country. This report will cover sources of law that organisation mustcomply with. Different role of government while making law and how statutory andcommon law is applied in courts will be covered in the assignment. It addition to that,potential impact of contract laws in business and solutions and recommendations forbusiness problems.Scenario – 1TASK 1P1 Different sources of lawsParliamentary sovereigntyGovernment of United Kingdom keeps on introducing new laws that is regulatedvia speech given by Queen at the State Opening of Parliament, generally in October orNovember. With this, people of country come to know about laws and regulationenacted by legal body. This is considered as Parliamentary sovereign as this is chiefprinciple of UK constitution. This give immense power and authority to legal body of UKto create or end any law. This is most crucial part of constitution of UK. Legal body of United KingdomThe United Kingdom of Great Britain is divided into four main countries: EnglandScotland, Wales and Northern Ireland but have three legal bodies and they have theirown court system and legal profession and they are : England and Wales, Scotland andNorthern Ireland. Government passes laws and policies that are for the welfare of
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