Business Law Assignment Solved - Report

   

Added on  2020-11-12

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Business Law
Business Law Assignment Solved - Report_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Describing the nature of legal system.........................................................................................1TASK 2............................................................................................................................................2Presenting the potential impact of law on business....................................................................2TASK 3............................................................................................................................................4Formation of different types of business.....................................................................................4TASK 4............................................................................................................................................5Recommendation........................................................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................8
Business Law Assignment Solved - Report_2
INTRODUCTIONBusiness law is the body that is govern enterprise as well as mercantilism and it alsodeals with issues of private and public law. The entire report is also based upon the business lawand report describe the nature of legal system and different sources such as Common law,custom etc. further, Report will present the potential impact of law on employed, self- employed,employment status checklist and into Gig economy. Then study will describe the formation ofdifferent types of business organization and then recommended an appropriate legal solution inorder to resolve the area of disputes. TASK 1Describing the nature of legal systemCriminal law: It directly related to crime and it forbid conduct perceived as athreatening, harmful and endangering to property, health and safety. It refers to the a body oflaws that is apply to criminal acts. For example, murders, assault and theft. Civil law: It is the body that bound with rules which further defines and protect theprivate rights of a citizen and offer legal remedies. For example, breach of contract, propertydamage.Particulars Criminal lawCivil lawPurpose To maintain the stability of a state andsociety by punishing breach. To deal with disputes betweenindividual, organization wherecompensation is awarded tovictim.Case file by Government Private partyType ofpunishmentCompensation for injuriesImprisonment or fines, inexceptional cases, the deathpenalty Sources of law:Custom: It is defined as a cultural ideas which is a regular pattern of a behaviour that isfurther consider as a characteristic of life in a social system. It is one of the earliest source of lawand it is important for maintaining balance and peace in a society. 1
Business Law Assignment Solved - Report_3

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