P2. Role of government in law making and application of statutory

Business Law

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1. Different sources of law...................................................................................................3
P2. Role of government in law making and application of statutory and common law in justice
courts......................................................................................................................................4
M1. Evaluate the effectiveness of legal system in terms of recent reforms and developments..5
TASK 2............................................................................................................................................5
P3. Using specific examples illustrate how company, employment and contract law has a
potential impact upon business...............................................................................................5
M2. Differentiate between legislation, regulations and standards to analyse potential impacts
upon business..........................................................................................................................6
D1. Provide a coherent and critical evaluation of legal system and law with evidence drawn
from a range of different relevant examples...........................................................................7
TASK 3 ...........................................................................................................................................7
P4. Explore how different types of business organizations are legally formed.....................7
P5. Explain how business organizations are managed and funded........................................8
M3. Assess the advantages and disadvantages of formation of different types of business
organizations...........................................................................................................................9
D2. Critically review and evaluate types of business organizations....................................10
TASK 4..........................................................................................................................................10
P6. Recommend legal solutions for resolving a range of disputes using examples.............10
M4. Compare and contrast different sources of legal advice and support for dispute resolution
..............................................................................................................................................11
D3. Evaluate effectiveness of legal solutions, legal advice and support for dispute resolution
..............................................................................................................................................11
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Business law governs the world of commerce. This comprises laws that regulate the
incorporation, operations and dissolution of a business. The legal provisions are applicable on
the dealings made in all types of organizations. It is a part of civil law of a country (De Lacy,
2013). It provides protections against breaches or contraventions. Two distinct categories are
there viz. Laws regulating partnership, company, bankruptcy and agency and the other being
contract law. Global Solicitors has been chosen in this report. Furthermore, this report describes
sources of and role of government in UK law followed by application of common and statutory
laws in justice courts. Along with this, impact of different types of laws on business together
with drawing a difference between legislation, regulation and standards. Furthermore, legal
formation of different types of business organizations along with their management and funding.
Lastly, legal solutions for dispute resolution have been explored comprising examples to show to
usage in different situations.
TASK 1
P1. Different sources of law
Sources provide ways through which information is collected on a particular topic or
matter. These are of two kinds which are as follows:
Primary sources: The data or information obtained for the first time which is absolutely
original is contained in these sources. The primary sources of UK law are as follows:
Case law: The proceedings of a case such as facts, issues, decree or orders and legal
principle are compiled in a report form. The courts in UK has adopted the doctrine of judicial
precedents with the application of which future cases are resolved on the judgements of previous
case laws (Martin, 2014).
Legislation: UK Parliament passes laws to be made applicable on citizens living in the
country. Highest authority to pass legislation is with the Parliament which can not be questioned.
Every individual is required to comply with various laws that extends to the whole country.
Secondary sources: This is the transformed version of first hand information. Scholars
and researchers extract the data from primary sources which is then interpreted. These are as
follows:

Legal encyclopaedias: There are number of encyclopaedias available in UK which
defines legal terms and provisions but Halsbury's legal dictionary of England and Wales is the
most preferred. It is prepared with consultation ascertained from experts of law such as lawyers.
Law committee: A committee is prepared with the aim of overseeing laws and their
effectiveness along with implementation in the whole UK. The panel prepares a report on the
results obtained by it during the whole process of review. The report is disclosed online so that
general public and other interested parties can given their suggestions for making it better.
Publications: It is of two types parliamentary publications in which debates of both the
houses of parliament is published and non-parliamentary which comprises report given by
government agencies. Parliamentary publication is one of the great sources in which key aspects
are highlighted (Zander, 2015).
Law journals: These contains detail or sometimes the specific information about a
particular topic or matter of law. Journals are used by people engaged in practice.
Textbooks: The information in books which have been written by authors, can be used for
knowing about legal matters. Various authors put their interpretations and thoughts.
P2. Role of government in law making and application of statutory and common law in justice
courts
UK has divided the role of government into three branches which are executive,
legislative and judicial. An explanation of these have been provided below:
Executive role: This role involves the activities of enforcement of policies that have been
made implemented by government. Similarly, the implementation of laws and their enforcement
by public is the job of this bench of government.
Legislative role: In this role, both the houses of Parliament vote on bill or bills presented
before them. They cast their votes for passing it. Parliament is the supreme authority who enacts
number of legislation which makes every UK citizen to follow. In case of any wrong doing,
punishments will be given to the culprits (Gee and Young, 2016).
Judicial role: In this, government forms courts and tribunals for quick resolution of
matters. Courts of various jurisdiction are established so that cases do not get piled up. This role
is played by a section of government taking into consideration the number of factors.
Apart from the above roles, there are common and statutory laws which are applicable in
UK. These are discussed below: