Business Law Assignment - Pegasus company
Added on 2020-11-12
14 Pages3730 Words271 Views
Business Law
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Different type division and sources of laws in U.K..........................................................3P2 Law making process by government.................................................................................5TASK2.............................................................................................................................................7P3 employment law and contract law.....................................................................................7TASK3.............................................................................................................................................8P4: Legal procedure followed by the various types of organization......................................8P5: Organisation is funded and managed.............................................................................10TASK4...........................................................................................................................................11P6 Recommendation of legal advice....................................................................................11CONCLUSUION...........................................................................................................................12REFERENCES..............................................................................................................................13
INTRODUCTIONMuch of business law addresses the various types of business structure. These laws arerelated to the function and size of operation performed within the entity. Business laws are termsof all related laws that guides companies to form and run its daily business activity. It includesthe establishment of general rules that govern business person to start, buy, control and selldifferent type of business (Adachi, 2013). Pegasus is a logistic service provider in UK and tradeas a partnership firm that works for delivering goods order online through different customer. In this project report, the division and sources of laws in UK help Pegasus to be familiarwith UK laws. Importance of employment and contract law that has impact upon business inshown in this report. Report also shows various types of business organisation that are legallyformed, managed and funded. TASK 1P1 Different type division and sources of laws in U.K.The UK has three individual legal systems such as England and Wales, Scotland andNorthern Ireland. There are high court and supreme court that resolve the different issue ofpeople and companies with all laws of UK. These large bodies are further divided in differentdivision that help in smooth functioning of operation and activity in London. The High court ofjustice in London is formed by part court of appeal and crown court. This type of court areresponsible to deals with high level and values of important case and also have supervisorypower all other associate courts and judicature. The high court has three basic divisions that are Queen's bench division, chanceryDivision and the Family Division. Important function of each division is different as the dealswith type of cases within and in some cases these three division may interact together to have acommon solution (Division of law, 2017). The Queen Bench is the highest court that deals withnumber of jurisdiction within some of commonwealth realms. Chancery division deals withbusiness law that is related to patents and register design, trust law, probate law and land law.This division is important for companies as it develop certain rules and guidelines that guidethem to run operation within and outside boundaries. According to this division business law isalso known as commercial law or trade law that is considered to be the branch of civil law anddeals with the problems of both private and public companies. Due to chancery division Pegasus4
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