Table of Contents INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 What are the main sources of UK law?..................................................................................1 Role and responsibility of UK government at the time of making law and what is the role of statutory law an common law in justice court........................................................................2 How company, employment and contract law have an impact on business organisation......3 Carefully explore on the legal formation of different types of organisation.........................4 How these associations are managed and funded...................................................................5 Recommendation of appropriate legal solutions for resolving a range of disputer with the help of relevant example................................................................................................................6 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION The law where focus should be given on the activities of business and trade is known as business law. The alternative name of business law is commercial law and mercantile law. There are numbers of points which says that business law is important but among them the main importance is related with the stimulations of law for accomplishing the goal of organisation. In this respective project, the advices are required to be given and for that the legal advisor of Global Solicitor has been given the responsibility. The first discussion will be related with the major sources of UK law and after that it will be necessary to explain the role of ruling government in the formation of law or any Act for UK. In the middle part of the file, the suggestions will be given on incorporation process of various types of companies. Towards the end of the file, points which are required to be discuss is that how appropriate legal solution can be given in the situation where dispute arises. MAIN BODY What are the main sources of UK law? It is found that the law of UK required to be commenced with the help of various sources and those source are Legislation, common law, European Union law and European Convention on Human Rights (Legal systems in UK, 2018). 1.Legislation:In UK, it is said that the most important source for commencing any law is legislation. The responsibility to form law under Legislation is given to Parliament. It is said that when parliament take any any action then they are for the welfare of common people so there is no option for anyone that ask any question against those act and law. The main focus of legislation to commence law is based upon the current issues of UK. 2.Common law:There is a authority given to court to form or commence law in the situation where legislation has not explained as relevant points. It is said that if anyone denies to follow the rules and regulation of common law then legal charges are to be filed against that individual or organisation. 3.European Union law (EU law):This is one of those body in Europe which was incorporated just for the purpose of forming new law as per the requirement of every country. There are altogether 28 countries who are member the member of European law 1
making body. In current situation, more than half of the law in UK has been commenced by EU law which indicated that how important role does this law plays on regular basis. 4.European Convention on Human Rights (ECHR):The area which is being focused in ECHR is totally related with Human Rights which is mentioned under Human Rights Act, 1998. It is one of those source which says that what are the rights which need be given to any individual. Role and responsibility of UK government at the time of making law and what is the role of statutory law an common law in justice court. It can be seen that it is one of tough task when law is required to be formed because there are lots of area which need be covered. The government need to check that what is the importance of commencing any law any even they need to check the benefits of it (Berger- Walliser, Bird and Haapio, 2011). There are altogether seven steps which are required to be followed to by the government of UK but before that draft is required to be prepared because that is the only ground on which government can take the action. Once the member of Parliament draft the bill then they need to send it to the House of Parliament. When bill is drafted then it is the responsibility of member of Parliament that how they deal with it. The first step is First reading followed by second reading, committee stage, report stage, third reading, House of Lords and Royal Ascent. In initial stage the member general checks that what are the requirement of general public where as in second reading it is important for member to check the bill that what are the essential points which have been mentioned and even they are required to check that whether bill is appropriate or not. Then role of committee stage comes in middle where they discuss every points which are mentioned insider the bill through which it can be easily judged that what are the changes required in the bill. Report stage has its own importance because they are known just because of amendment and there is no time boundation in it. Once, the work of report stage is completed then there isarequirement to conduct third stage. In this stage, it is compulsory to check that how many members are in favour to pass the bill and how many of them are in against (Nica, 2013). It is crucial for every member to judge the bill on the basis of facts because it is just for the benefits of general public. If bill pass all this stage than there is the option that bill can be forwarded to next stage which is known as House of Lords. When bill is presented in House of Lords then it is understood that bill has been successfully passed by House of Common and now it is their responsibility to check the detail of proposed bill. If they think 2
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that still changes are required then again report stage is conducted else bill is forward for Royal Ascent. It is one of the most important stage because it is compulsory in UK that every bill are passed through Royal Ascent Act (Besley, 2015). How Common law and Statutory laws are applied in Justice court with the help of relevant example. Justice Court is one of those court where civil and criminal nature of crime had been attempted. But, it is never gonna be easy without the help of Statutory law and common law because they are those two department which is very helpful at the time of declaring the result. For example: if any of those situation arises where statutory law have written that what are the legal action that can be taken then justice courttake the help of statutory law. But, when any irrelevant case arises on which statutory law is silent then, justice court have the authority to declare the result of their own (Mann and Roberts, 2011). How company, employment and contract law have an impact on business organisation It is very important for every organisation to work as per the required of different acts and laws. It is found that sometimes laws and acts do have positive as well as negative impact on business organisation. Some of the impact of different law on business organisation are categorised below: ďˇCompany law:It is the law which guides that how any organisation need to work on regular basis for achieving its targets. But, it is one of those law which says that none of the association is allowed to work on their own else penalty can be imposed. In context of Jaguar & Land Rover, they need to manage their day to day activity on the basis of guidelines of Companies Act, 2006 (Bishara and WestermannâBehaylo, 2012). Here, Company have the requirement to conduct different meeting where planning is done for managing the activities of organisation which increases the cost of Jaguar & Land Rover where it is counted under the negative impact on organisation. ďˇContract law:The law which deals in the department of agreements just for the purpose completing it in proper manner is called contract law. It is found that contract law is essential law for every individual and organisation. It is necessary because it tells that how any task is required to be managed and what are the legal obligation on any company during the course of agreement. In context of Jaguar & Land Rover, it has a positive impact on company because when any of thecustomerâs order to manufacture 3
the vehicle then proper agreement is to be done and because of that company has the very rear chance from suffering losses. The negative impact on the company of contract law is that they are not allowed to breach the contract else heavy change can be imposed upon the company. ďˇEmployment law:It the law which is very essential for every organisation because it tells that what should be the relation of employer and employee's. It is one of those law which guides that what are the facilities which should be provided by the company to there employees. In context of Jaguar & Land Rover, their Manager and leader must ensure that they are providing the best safety equipment to the employees while working near the hazardous machines which is one the positive impact on company because it will ensure that work can be concluded in one of the finest manner. Carefully explore on the legal formation of different types of organisation. It is found that there are many types of organisation which can be found in United Kingdom where they have their own style at the formation. It is very crucial that those process and methods must be followed because it decided the future of and working style of the firm. The different types of association are: ďˇSole Proprietorship:In UK, it is the most simplest form of business where investors always shows there interest and reason behind that is only the amount of investment which is required in it. It have set the different level of standard where entrance and exit is very easy. The main freedom which is given in sole proprietorship is that there is no requirement of legal formation of sole proprietorship. So, it even doesn't have the power to sue and be sued (Buckley, Burton and Mirza, 2016). ďˇPartnership:It is the concept of doing business where it have given the lots of flexibility because under partnership, number of individual can come together just to start business activity. Due the increase in number of partnership firm it can be understood that it is the popular form of business organisation where profit can be earned easily. There is a legal process which are being followed by every partnership firm but is not comparatively longerthenformationofcorporationandothersimilarformofbusiness.Every partnership firm required to draft partnership deed to Companies House but before they are required by registered under Partnership Act. 4
ďˇNon profit organisation:It is the form of business organisation where various types of boundations are imposed as it incorporated for the purpose of welfare of general public. It has one of the lengthiest process at the time of formation (Cq PressPollitt and Bouckaert, 2017). âŚFirst, there is the requirement to find trustee and that should not be less then 3. âŚThe purpose of NPO should be related with public benefits. âŚThen name of charity should be decided. âŚThen, there is the requirement of choose the structure of NPO. âŚEven government documents should also be created. âŚIn the end, if income of NPO is more than ÂŁ5,000 then it must be incorporated as Charitable Incorporated Organisation (CIO) (Leiden University PressMishan, 2015) . ďˇCorporation:It is the business organisation where number of formalities are required to be done on regular basis. It is one of the oldest form of business where it is found that more boundation are imposed. It is never gonna be easy for any one to incorporate corporation because capital is required in large amount.The main benefits which is given to corporation is that members and company are separate from each other and the liability of investor is only up to the amount of capital invested in the organisation(Fitzmaurice, 2017) . The legal formation of corporation is mentioned below: âŚName and address should be decided and member should ensure that name of association is not similar with anyone. âŚThen, there is the requirement to appoint the director and member of the organisation. âŚAfter that, it is necessary that company has formed Article of Association and Memorandum of Association because it tells that on which policy company is going to work in future. âŚThen, company must register itself under the Companies Act, 2006 (Frank and Bix, 2017). How these associations are managed and funded. In present scenario, it is being found that formation of organisation is easy these days but they are not easily managed and funded and the reason behind that is only the credibility of the company. The ways to manage and fund the activity of above business organisations are: 5
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ďˇSole Proprietorship:It has been understood that there are very few option for many of organisationandamongthemsoleproprietorshipisone.TheowneroftheSole proprietorship firm is required to manage their business activity by themselves. There are very few option to manage fund to and some of the source are: personal assets of owner, credit card etc. (Greenwood, 2016). ďˇPartnership Firm:The partners of the firm are required to manage the activity and out of them special powers are given to authorised partner whose approval will be required in every decisions. If any of the partnership firm requires fund then they can easily apply for the bank loan, but is not necessary that loan will be approved. Even company have the option to add on the capital from personal assets of every partner. ďˇNonProfitOrganisation:Itisveryimportantthatbusinessactivitiesarebeing conducted in NPO and the responsibility is always given to the directors of the company who manages day to day activity of the company. There are lots of ways through which NPO can be funded and among them government agencies is one of the major source through which funds are managed. ďˇCorporation: Itis being found that there are lots of ways through which fund can be managed in Corporation and among them issuing share is one the main source. Even company can issue debenture and bonds also. In addition, corporation have the option to apply for the loan which is one of the best way through which fund is managed. When it comes to managing business activity there are directors, manager, share holder and Company Secretary (Halbert and Ingulli, 2011). Recommendation of appropriate legal solutions for resolving a range of disputer with the help of relevant example Case Study:The given situation in the case is related with Hardy Ltd and Jacob. Here, Hardy Ltd is one of the service provider on internet and telecommunication. Jacob called Hardy Ltd to provide the internet and telecommunication under the combo offer. When the expertise team came in the house of Jacob they remember that they forgot to bring some of the tools through which telecommunication connection was required to be done. So, the team of Hardy Ltd, only gave the connection of internet and toldthat they will come next day to provide the facilities of telecommunication but they didn't came again. In the end of the month, Hardy Ltd has prepared the bill on the basis of combo offer and after seeing the bill Jacob was not happy 6
and now he want to file the case against Hardy Ltd on the ground that they had breached the contract. Contract:It is the legal term which tells that what are the essential things which are required by any of the company or individual. Contract law is required in each and every situation because it helps in completing the term and condition of the through which chances of conflict doesn't arises (Hayden and Bodie, 2012). When any of the person fails to perform there part of work then it falls under the category of breach of contract. In above case, there was the contract between Jacob and Hardy Ltd that one will provide the service and another one will pay the money. But, it was found that Hardy Ltd had breached the contract. Breach of Contract:It is the situation, where written promise is not completed any of the involved party. As per the law, if anyone breaches the contract than defaulter is liable for the penalty. But, in breach of contract, it is the responsibility of plaintiff to prove that opposition has breached the contract (Johnson, 2012). In above case, the breach of contract has been done by the side of Hardy Ltd so the responsibility to prove that Hardy Ltd is defaulter will be in the hands of Jacob. Process to Solve the legal Dispute with the help of Alternative Dispute Resolution Alternative Dispute Resolution (ADR)is the technique through which disputes can be easily solved. But, it is necessary that disputes should be legal and should be of civil nature because permission of criminal nature cases are only granted to higher level of court. In ADR, there are various methods from which cases can be solved and it is the choice of disputed party that which one they follows to solve it out. The different methods of ADR are: ďˇMediation:It is explained as the methods to solve the legal dispute with the help of mediator. It is very important for mediator that they try their best so that more number of points can be covered in the agreement. But, the main work of mediator is just to give their best while giving advices so that conflict can be solved (Jones and Lainez, 2013). ďˇConciliation:The process of solving out the conflicts with the help of giving advice is known as conciliation. Conciliation is not being used in most the cases as there are very rare option to solve the dispute. ďˇArbitration:This is the process of solving dispute where it is important to follow the order as it been given the authority that any decision which is given by arbitrator must be followed (Kraakman and Hansmann, 2017). 7
In the above case, it is suggested Jacob andHardy Ltd must try to solve their dispute with the help of Mediator because it is found that in their case, there is just the must communication between the parties. And to solve this problem, it will be easy that both the party try to reach near to the contract as much as possible for them. CONCLUSION It can be concluded from the above file that Mercantile law is very crucial because it do have the best guidelines through which commercial decision can be taken easily. The sources of UK law says that what are the area which need to be covered so that chances of conflict cannot be raised in future. When it comes to government, they play huge role for commencing law in UK. Where as it is understandable that various types of organisation can be formed but the most important part is that how perform their task on regular basis. 8
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