However, it acts as a chief source of law to be followed on and operating business activities effectively.Therefore, legal solutions for Sunset Ltd toterminate branch and employment contract including its justifications arebe-presented.Alongwiththis, recommendation of enlargement of Smart Looking Ltd to establish new entity outside EU can be expressed to be followed on and operating business activities effectively. TASK 1 1 P1) Sources of law for starting up new organization There are different laws and legislation made in UK for protecting
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BUSINESS LAW
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1) Sources of law for starting up new organization..................................................................1P2) Law of government in lawmaking and statutory and common law.....................................3M1) Sources of law and laws for organization to comply with..................................................6TASK 2............................................................................................................................................71 (P3) Company law impact on incorporation of Sunrise Retails...............................................72 (P3) Employment law's potential impact on recruitment and selection process of the newemployees....................................................................................................................................73 (P3) Impact of contract law on agreeing terms of employment with new employees.............8M2) Potential impacts of regulations and standards...................................................................9TASK 3............................................................................................................................................9P4) Legal solutions for Sunset Ltd related to termination of contract of employees of White-chapel branch and redundancy procedures.................................................................................9P5) Justifications for using legal solutions and recommendations to managing directors of theentity..........................................................................................................................................10M3) Critical evaluation on impacts of legal solutions to business problems............................11TASK 4..........................................................................................................................................11P6) Recommendation of legal solutions based on different country's legal system and legalframework.................................................................................................................................11M4) Comparison and contrast the effectiveness of recommendations.....................................13CONCLUSION..............................................................................................................................13REFERENCE.................................................................................................................................14
ILLUSTRATION INDEXIllustration 1: Stages of new bill......................................................................................................5
INTRODUCTIONBusiness law comprises different rules and regulations including provisions for operatingbusiness's activities. It includes legislation related to commencement, operations and liquidationfor company to be followed on effectively. The present report is based on understandingdifferent common and statutory laws for business and its operations. In this regard, differentsources of law to establish new entity and role of government in business operations to befollowed on are to be expressed through legal evidences. However, several laws impact onincorporation of Sunrise retails for expansion in terms to recruit new employees for entity canbe introduced through this assignment. Including this, legal solutions for Sunset Ltd toterminate branch and employment contract including its justifications are be presented. Alongwith this, recommendation of enlargement of Smart Looking Ltd to establish new entity outsideEU can be expressed to be followed on and operating business activities effectively. Thus,learners are able to understand several aspects of business laws in UK to operate activitieslegally through this report.TASK 1P1) Sources of law for starting up new organizationThere are different laws and legislation made in UK for protecting contract and operatingbusiness activities. However, in terms of business entity and its operations, several provisions areamended to start-up of new branch (Belinska, 2016). Therefore, sources of these laws forestablishing new company can be gained through following ways such as:-Custom:- It is one the oldest source of law that evolves social systems, traditions andculture that is helpful for reducing conflicts and creating peaceful environment. For thispurpose, in ancient time, society and cast used to made rules related to businesses andcontract regarding its operations. It is useful for social awareness and rescue to the breachof contract. However, customs are considered as rich sources of law in which state seeksto binding rules towards contracting and following on rules presented in legislation(Cheeseman and Garvey, 2014).Legislation:- It is a chief source of law for which government makes policy plans andvarieties of rules for business operations. In accordance to this, limited issuance of sharesfrom public, number of employees in different sectors as well minimum capital required1
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