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Business Law in United Kingdom

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Added on  2020-10-22

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Business Law rulings TABLE OF CONTENTS INTRODUCTION 1 TASK 11 P1 Sources of Laws in United kingdom1 P2 Role of government in law making procedure 2 TASK 23 P 3 Impact of the following laws on business 3 TASK 35 P4 Suggesting legal solution for range of business problem5 P5 Providing justification for use of legal solutions 6 TASK 48 P 6 Alternative legal solution based on different legal framework 8 CONCLUSION 9 INTRODUCTION Business law is recognised as thenorms designed

Business Law in United Kingdom

   Added on 2020-10-22

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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Sources of Laws in United kingdom.....................................................................................1P2 Role of government in law making procedure......................................................................2TASK 2............................................................................................................................................3P 3 Impact of the following laws on business.............................................................................3TASK 3............................................................................................................................................5P4 Suggesting legal solution for range of business problem.....................................................5P5 Providing justification for use of legal solutions...................................................................6TASK 4............................................................................................................................................8P 6 Alternative legal solution based on different legal framework............................................8CONCLUSION ...............................................................................................................................9
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INTRODUCTIONBusiness law is recognised as the norms designed as well as implemented by legalauthority in the nation which governs commercial activities. Commercial legislation regulatesbusiness contracts as well as sales of consumer goods. It also covers several types of laws suchas employment, wage act , health and safety etc. Study of business law is very important, as itassist an individual in developing understanding or gaining knowledge about the basic principlesof business. It also supports business entrepreneur in identifying the suitable solution to thevarious legal issues which might have influence on organisational performance.The purpose of report is to develop understanding about business law. It also has focus onanalysing the impact of different legislations or norms on business. The two case study havebeen used to demonstrate the effect of employment as well as contract law on business. All thelegal solution to the different problems found in case studies are highlighted.TASK 1P1 Sources of Laws in United kingdomLaw is defined as the system of rules which a particular country or community recognizesas regulating the actions of its members and which it may enforce by the imposition of penalties.Importance of law is that it protect business from munfair competition.It is essential to knowabout business law before starting a business, as it will help an individual in operating businesswithout the hindrances of ignorance. Parliament is recognised as the House of Lords. Thestatement parliament is sovereign is one of the concept in constitutional law of someparliamentary democracies. This statement means that the legislative body has absolutesovereignty and is supreme over all other government Parliament is also sovereign also meansthat the legal authority in nation can make changes or amendments in existing norms so it is notbound by written law (Fisher, 2017). United kingdom have sovereign legislatures.The principle of parliamentary sovereignty means that in British legislative system ,parliament has right to create as well as implement laws. In English legislative system , no otherlegislative body has right to override the laws enforced by parliament. A legal Act of Parliamentcannot be questioned by the court (Symeonides, 2017). Parliament is the supreme lawmaker inUK legislative system. In British legal system, government in order to enforce any specificnorm is required to take approval or permission from members in parliament.1
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The doctrine of parliamentary sovereignty is considered to be as a major principle inconstitution of United Kingdom. This doctrine states that in UK legislative system, Parliament isconsidered to be as major source of law. The unique feature of Legislative system in United kingdom is b that irt is based ondoctrine of judicial precedents. In English legal system, the decisions made the supreme court orqueen court is binding on all other lower tribunal.The major sources of different norms in English legislative system are :Statues : this types of laws are originated by the legal act of parliament. For instance ,employment right act 1996. Administrative regulation : Such types of laws are recognised as delegated legislation. It isconsidered to be as one of the source of legislation in English legal system. In British legislativesystem , government in country have power or authority to enforce laws in nation. Such powerhas been provided to the legal authority by legislature (Ayinla, Adebayo and Ahmad, 2017).Case law : Such types of legislations are generally sourced from judicial decision-making. Inother words, norms are originated from decision made by judge in other law suits. Such types oflegislations or regulations are originated through principles established in cases over thecenturies.Constitutional law : Such types of laws are created by parliament in English legal systemwhich have to be followed by all courts.Convention of Human right : There are few laws in English legal system which are highlyinfluenced by the norms in EU legislative system, Before Brexit , UK used to comply with thelegislation created by EU government. But after Brexit , parliament as well as government in thenation has planned to create their own norms.It is very important for people as well as organisation in United kingdom to comply withlaw created by the parliamentary authority. Few norms such as employment , contract laws havegreat as well as direct effect on business practices.P2 Role of government in law making procedureStatutory Laws are laws that have been written down and codified by the legislativebranch of a nation. Common law and statutory law are two types of laws that exist in a country.Statutory law is a more formal body of the legal system that consists of written legislation. Thislaw is mainly based on rules and regulations either mandating or prohibiting certain behaviors of2
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