Example of Business Law Assignment Question and Answers (Doc)

BUSINESS LAW

Table of Contents
INTRODUCTION...........................................................................................................................1
SECTION 1: RULES & REGULATION OF LEGISLATION ......................................................1
TASK 1............................................................................................................................................1
Tell something about 'Parliament is Sovereign'..........................................................................1
Tell about number of sources of UK ..........................................................................................1
Role of Government while forming law and policies.................................................................2
Study of Statutory and Common law's procedure in Justice Court ............................................3
TASK 2............................................................................................................................................4
Explain about different types of business organisation with formation process.........................4
Difference between incorporated and unincorporated business organisation.............................5
Advantage and disadvantages of a company over an partnership firm.......................................6
SECTION 2: SUGGESTING THE SOLUTION FOR LEGAL PROBLEMS................................7
CASE 1............................................................................................................................................7
Case Scenario..............................................................................................................................7
CASE 2............................................................................................................................................8
Case Scenario..............................................................................................................................8
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Business law is the study of all criteria that is important to run a organisation. It covers
the ground from manufacturing, purchasing and selling of goods, commercial contracts to
consumer regulations, tax benefits, trust funds and many more. Without the brief study of these,
one cannot run a business and provide qualitative and quantitative work. The following paper
will include a brief analysis of all aspects of business law which includes parliamentary
sovereignty, various forms of law in United Kingdom. The paper will explain a critical
evaluation of corporate sector, the nature, formation and its different divisions. This study will
also explains the legal procedures through case laws and solutions of solving disputes.
SECTION 1: RULES & REGULATION OF LEGISLATION
TASK 1
Tell something about 'Parliament is Sovereign'
It is said that Parliament is Sovereign but they are they one who have been delegated with
number of roles and responsibilities so that legacy can be maintained in future. The concept of
sovereignty was developed in 18th century where UK government use to have maximum power
within the world. Even they were so powerful that no one was allowed to ask cross question with
them and if anyone use to do that then they were penalised with number of penalties. In current
scenario, they are the only one who have got maximum rights where concepts are same that no
one will ask anything with them. The action which they take are required to be supposed as right
and that even should be followed by all. When they take steps, it is considered that it is for some
of the benefits and positive results will be obtained through it (Mikami, 2016).
Every year queen delivers the speech just to address the House of Parliament. When she
delivers the speech, it is necessary that member of House should give their attendance as no one
is allowed to take a leave. The main purpose of the speech is clear that, this speech gives the
exact idea that how and what types of laws and policies should be commenced. This is counted
as the first day of parliament house on every year.
Tell about number of sources of UK
The area like UK needs the help of number of number of people or department which can
help them to take any of the legal decision and that includes amending any of the existing law or
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