Business Law & Legal Environment
Added on 2020-06-04
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Business Law
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Various sources of law that an enterprise needs to comply...................................................1P2 Role of government in law making and statutory and common law.....................................2TASK 2............................................................................................................................................3P3 Contract law and employment law and its impact on business.............................................3TASK 3............................................................................................................................................4P4 Appropriate solutions for range of business problems..........................................................4P5 Justifications for use of legal solutions..................................................................................4TASK 4............................................................................................................................................5P6 Solutions based on country's legal system.............................................................................5CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................7
INTRODUCTIONBusiness law is refers to that rules and regulations that help in govern all the transactionand commercial activities that take place between individuals. Concept of business law is mainlyrelated with two areas, one is related with regulate business operations with assistance ofcompany, agency and partnership (Allen, 2017). Other one is related with govern commercialactivities with help of contract. Different legal agencies and bodies are there that develop law toguide business entities to deal with complex issues. European Business School of Managementhave Schools in various cities in Europe. Various sources of laws than a business entity needs tocomply and impact of common law on activities and decisions of an organisation is all detailedin this report. In addition to this, role of government in making law is also discussed. TASK 1P1 Various sources of law that an enterprise needs to complyEnglish legal system work with the aim to make the world a place free fromdiscrimination on basis on gender, culture, colour, age and on any other basis in order todecrease the number of issues faced by people due to this. One of the main focus of English legalsystem is to design rules and regulations that support business organisation in deal with theissues and problems arise during carry out commercial activities. English legal system is dividedinto two major parts known as criminal law and civil law (Beatty, Samuelson and Abril, 2018) .Final decision is taken by Supreme court in this system as it is known as the apex body. Everypart and whole legal system of Europe is control regulate by Supreme court and one of the mainaim of this is to prevent genuine and innocent people from exploitation and illegal activities. Dayto day operations of residence and crime related activities are deal by various bodies of Englishlegal system. Different sources of law introduce various laws and introduce different acts inorder to deal with various type of situations. Main sources of law can be understood by thefollowing points: Case law: Large number of activities take place in life of an individual that disturb themand at the same time are not seem as good for the society (Blount and Nunley, 2015) . Todeal with these type of situation, different legal bodies are there that create law and rulesto deal with activities and actions that are good for the society and its people. 1
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