Business Law Assignment Solved - Amber Ltd
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Added on 2020-10-23
Business Law Assignment Solved - Amber Ltd
Added on 2020-10-23
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BUSINESS LAW
Table of ContentsINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Discussing the meaning of this statement and various sources of UK laws.....................1P2 Role of government in law making process and how statutory and common law............4LO 2.................................................................................................................................................5P3 Advice to JPM with their relevant on their responsibility and implications and impact..5LO 3.................................................................................................................................................7P4 Legal advice based on case law.........................................................................................7P5 Whether creditors has legal powers to do threatening and process for liquidation...........7ii) Amber Ltd. On the possibility of getting injunction..........................................................9LO 4...............................................................................................................................................10P6 Recommend alternative legal solution to suggest in a based on legal framework andCompare and contrast effectiveness of these solutions .......................................................10CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................13
INTRODUCTIONBusiness Law consists important role in every business with implementation of rules andregulations. Therefore, it is essential for all managers, owners and professionals. It assists tomake better decisions which could be applied into the organisation. In UK, there are differentlegislation includes that ensure business get success with using systematic work. In order tofocus on operations and functions, every enterprise get proper functioning (Berger‐Walliser,Barton and Haapio, 2017). Present report is based on certain cases that create positive impact onprogrammes and activities. First section defines case of Queen's Speech at state of parliament inOctober or November. Furthermore, there is another case of JPM which is a small companystarted by 3 friends. For gaining insight information of the present report, it covers different sources of laws.Furthermore, it includes role of government to make law within the statutory and common law.Moreover, it signifies legal advice based on case law or statutes in the process for liquidation. Atlast, it discusses alternative legal solution that is based on legal framework (Janis, Hovenkampand Carrier, 2016). Comparison and contrast information are also included to create effectivenessof these solutions. LO 1P1 Discussing the meaning of this statement and various sources of UK lawsBusiness law consist commercial transactions which consider branch of civil law anddeals with private and public sector issues. State of parliament is an event that formally conductssession in UK. It includes speech throne that is known as Queen's Speech. In maiden, stateopening and elaborate ceremony with showcasing British history and culture. Parliamentsovereignty refers to a democratic government in which the legislative branch is sovereign overother branches. In context the legislative branch is the supreme law maker and has supremeauthority. It means there is no legal limits on the power of Parliament to make law in our legalsystem. Furthermore, parliament sovereignty is principle of UK which concentrate to considerlegal authority in the business. Courts are unable to control legislation and parliament neverpasses laws that future level cannot change. Over the years, parliament have passed laws withlimited application of sovereignty (Parliamentary sovereignty, 2018). These laws create impacton development of political environment within and outside UK. It considers several acts such as1
Human Right Act 1998 and UK's entry to the European Union in 1973. In this context, followingare different sources of laws in UK included in legal sources:Statutory law: Civil laws considers rules and regulations which comprises in differentcases. It is related with well-being of particular person and society as well. In this kind of law,generally solutions are made for cases like divorce, property and forgery. Mainly, it includeskinds of cases that needs to maintain quality standards to develop better results. In addition tothis, it helps in maintaining systematic work performances. Acts of Parliament or statutory law isformed by Parliament and House of Commons and House of Lords. With the help of this law,every individual protected in the business to provide several facilities in systematic manner. Itassists to acquire rights and duties of particular individual in terms of legislation and commonlaw. For instance, an individual or enterprise agrees to provide goods and services at certainprices. Claims are also brought under consumer protection law (Berger‐Walliser, Barton andHaapio, 2017). Precedents: In a common law system, precedents or authority established by principle orrule. This rule is used by the court and other judicial bodies cases with similar issues and facts. Acts of Parliaments: In a particular act of parliament, law enforced in all areas of UKwhere it is appropriately applicable. In this regard, primary legislation used as a term thatcommonly known and considered appropriate manner. Furthermore, it also creates new law orchanges in existing which increases in the common house. International court: In the international court, justice is the principal which assists tosettle as per international law, legal disputes submission. In the international court of justice,there are several principles established with specialised number of rules. European Court: European court of justice officially develop with European law that areestablished on the basis of supreme court of functions in appropriate manner. In this regard,judicial institution of European union deals with all disputes between parties to interpreted andapplied law in appropriate manner. Legal system: In the legal system of UK, there are different personnel working in civiland criminal matters. With this regard, barristers, solicitors and judge are working to solve issueand problem of particular case. Barristers are different from solicitors and wear wig and gown incourt. Furthermore, solicitors are play main role because they work as advocates in legal hearingwhich stand in court on the behalf of clients. 2
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