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Business Law INTRODUCTION 1 TASK 11 P1. Different sources of law1 P2. Roles of government in law making and application 3 TASK 23 P4. Different types of business law

   

Added on  2020-10-22

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Business Law
Business Law INTRODUCTION 1 TASK 11 P1. Different sources of law1 P2. Roles of government in law making and application 3 TASK 23 P4. Different types of business law_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Different sources of law .......................................................................................................1P2. Roles of government in law making and application of common and statutory law............2M1. Evaluate effectiveness of legal system with regards to recent reforms and development...3TASK 2............................................................................................................................................3P3. Illustrate how company, employment and contract law has potential impact upon abusiness.......................................................................................................................................3M2. Difference between legislation, regulations and standards.................................................4TASK 3............................................................................................................................................5P4. Different types of business organization that can be formed legally....................................5P5. Explain how business organizations are managed and funded.............................................6M3. Advantages and disadvantages of different types business organizations..........................7TASK 4............................................................................................................................................7P6. Recommend legal solutions for resolving conflicts and disputes.........................................7M4. Compare and contrast different sources of legal advice......................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10.......................................................................................................................................................10
Business Law INTRODUCTION 1 TASK 11 P1. Different sources of law1 P2. Roles of government in law making and application 3 TASK 23 P4. Different types of business law_2
INTRODUCTIONBusiness law is the legislation and rules that governs business organizations, structureand dealings. It is considered as civil law and resolved matters of both public and private law.The other names are commercial law or mercantile law. Further, it helps in bringing out ethicsthat management should follow in business activities (Mann and Roberts, 2015). The reportcovers different sources of law, role of government in law making and how statutory andcommon law is applied to justice courts. Along with this, explanation of potential impactpossessed by company, employment and contract law upon a business and types of businessorganizations and how they managed and funded is included. Furthermore, legal solutions forresolving various types of conflicts and dispute have been discussed.TASK 1 P1. Different sources of law English legal system divided into three different legal system, one each for England andWales, Scotland and Northern Ireland. Each of them have their courts and procedures to dealcases. Furthermore, UK does not have a written constitution, or rather say that constitution ispartially written. Also, it follow doctrine of judicial precedents and Parliament has the supremeauthority to pass a law that will govern rights of citizens living in UK. Each individual shouldknow about laws prevailing in the country to be able to use. Hence, complete information oflegislations is essential which can be gathered from the sources provided below: Primary sources: These are immediate and first-hand information which is absolutelyoriginal and does not contain any interpretation. Case law- These are decisions made and passed by judges in various lawsuits. UKoperates on principle of judicial precedents in which future judgements are made on decisionspassed previously (Beatty, Samuelson and Abril, 2018.). It is made in law reports which isbinding on individuals and no question can be raised on its validity. Legislation: Parliament has passed and enacted various laws for the portion written inthe constitution. Such legislations are applicable and govern rights of UK people. Furthermore,legal provisions extend to whole UK. Secondary sources: The information extracted and used in further research is calledsecondary sources. 1
Business Law INTRODUCTION 1 TASK 11 P1. Different sources of law1 P2. Roles of government in law making and application 3 TASK 23 P4. Different types of business law_3
Legal encyclopaedias: UK has reliable and authentic legal dictionary called Halsbury'sLaw of England and Wales. It is arranged alphabetically and used to have clear meaning of legalterms and provisions. Parliamentary publications: It is a great source to know about the history and reasonsof a law being enacted. These include command papers, debates of parliament and both thehouses. Non-parliamentary publications: The reports and consultation papers and reportsprovided by government departments such as Ministry of Defence, Ministry of Justice etc. Law commission: UK has an independent association which is constituted with an aimto monitor working of legal system and provide recommendation wherever reforms are required.The commission focus on ensuring the law is fair, up-to-date and easy to understand (Baker,2019). Law journals: It refers to articles, court decisions or suggestions which may cover aparticular area of law or all of legal provisions. These are used by attorneys who are practisinglaw. Textbooks: These are books that are published for students and easy to collectinformation by researcher or scholar. Legal topic may have different interpretation by number ofauthors which can be used according to requirement. P2. Roles of government in law making and application of common and statutory lawUK has divided the role of government into three different kinds which are executive,legislative and judicial. Each contain separate role and importance. These have been explained asunder: Executive role: This role is played by Crown, Prime Minister and other cabinetministers. It is responsible for formulating policies that will be applicable in whole UK. Further,enforcing legal provisions and other plans is done by executive bench of government.Government takes initiatives for proper implementation of legal provisions so that every act iscarried within limits as provided in legislations (Zander, 2015). Legislative role: It is concerned with making laws that will enhance the effectiveness oflegal system. The legislative body viz. House of Lords and House of Commons who present abill at opening speech which goes through number of steps according to procedure of passing a2
Business Law INTRODUCTION 1 TASK 11 P1. Different sources of law1 P2. Roles of government in law making and application 3 TASK 23 P4. Different types of business law_4

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