English legal system assignment.docx

Business Law

Table of Contents
INTRODUCTION...........................................................................................................................1
SECTION 1......................................................................................................................................1
TASK 1............................................................................................................................................1
TASK 2............................................................................................................................................5
SECTION 2......................................................................................................................................8
CASE 1............................................................................................................................................8
CASE 2............................................................................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Business law has always been used in organisations to manage the transactions and
activities. Without the application of law, there would be disputes and conflicts. It focuses on
lawful business so that penalties, prosecution and other legal obligations can be avoided
(Clarkso, Miller and Cross, 2014). the scope of business law is wide enough to cover each aspect
of an entity. This report exhibits main principles of UK legal system along with various sources
from which legal information can be obtained. In addition to this, role of government in
lawmaking and effect of company, employment and contract law upon a business. Furthermore,
various kinds of business organisations by evaluating differences between unincorporated and
incorporated business and dispute resolution methods have been discussed.
SECTION 1
TASK 1
a). Explain the meaning of parliament is sovereign and various sources of UK law
English legal system has an unwritten constitution which is often described as partly
written and holy uncodified. Constitution gives the power to make, repeal or amendment laws
applicable in the country. Therefore, Parliament is sovereign is a principle of UK constitution.
According to this principle, the supreme authority to create or enter any law is with the
Westminster parliament. The courts do not have the power to overrule its legislation and also the
parliament has no legal authority to pass any law which cannot be amended by the Parliament at
a future date. It is considered the most important part of UK constitution without which it is hard
to run the country efficiently by the government (Miller, 2015). Generally, the plans and policies
which are to be implemented within the country is the matter taken in the hands of the
government but the ultimate authority to make laws is with the parliament. Every year at the
opening of speech, members from the parliament present bills which are to be converted into loss
so as to enact them. The constitution has provided a fixed procedure by following which a bill
becomes an act. This involves voting of both the houses by discussing the elements and
amending the bill if required. Also, it is necessary to know which law is applicable and effective
from which date otherwise legal actions can be taken in case a default has been made. this
requires adequate knowledge about legal terms and legislations which are into force, hence, the
following sources can be accessed to have the information about legal system and laws:
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