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M1 Evaluation of effectiveness of recent reforms and development in legal system

Added on - 08 Jan 2021

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Business law
Table of ContentsINTRODUCTION...........................................................................................................................1Task 1...............................................................................................................................................1P1 Different sources of law in UK..............................................................................................1M1 Evaluation of effectiveness of recent reforms and development in legal system.................2D1 Evaluation of the legal system and the law...........................................................................2P2 Role of government in law making and how these are applied.............................................3Task 2...............................................................................................................................................4P3 How companies, employment and contract law has potential impact upon business...........4M2 Differences between legislation, regulations and standards to analysis potential impactupon business..............................................................................................................................5Task 3...............................................................................................................................................6P4 How different types of business organisation are legally formed.........................................6P5 How these organisations are managed and funded................................................................7M3 Detailed assessment on the pros and cons of their formation..............................................7D2 Critical review and an evaluation of the different types of business organisations.............8Task 4...............................................................................................................................................8P6 Identification and recommendation of appropriate legal solutions for resolving a range ofdisputes using relevant examples to demonstrate how a client might obtain legal advice andsupport.........................................................................................................................................8M4, D3 Including a comparison and evaluation of the different sources of legal advice andsupport.........................................................................................................................................9Conclusion.......................................................................................................................................9REFERENCES..............................................................................................................................11......................................................................................................................................................12.......................................................................................................................................................12
INTRODUCTIONBusiness law is considered as the law that encompasses or dictate how to forma or run a abusiness according to the legislations that are provided by the government of the country. Thiscovers all the laws that governs how to start, buy, manage or sell the business. It establishes therules that all business organisation has to follow for the ethical conduct of business. A good andreputed company always has a good knowledge of the business law that they have to follow(Berger-Walliser, Bird and Haapio, 2011). As a Senior Employment and the dispute lawyeradvisor working in a law firm named Global Solicitor which is based in London. This report willcover all the aspect such as various sources of law in UK, impact of certain law on the company,employment and contract law. Also different types of business organisation which are legallyformed and with reference to how they are managed and funded. At last recommendation onappropriate legal solutions which helps in resolving the dispute would be given.Task 1P1 Different sources of law in UKAs it seen that the English legal system is considered as the one of the major Europeanlegal system which is spread around all over the world which includes the English colonies suchas Canada, Australia and New Zealand. The English law has an evolving history which includesthe local customs of the Anglo-Saxons. It is seen that the United Kingdom has three separatelegal system which helps them in applying the law to the country. The constituency of Englishlegal system comprises of different sources of laws which includes, statutory law, common law,equity law and the European law. These are bifurcated below:Statutory law: These are considered as the law which originates from the Parliament. Itis the point that usually includes a green paper which is consultative in nature. Afterwhich a draft proposal is given before the law is presented in the parliament (Besley,2015). This is the law that varies from the regulatory or the administrative laws which arepassed by the executive agencies or it is created by the prior courts decisions. These arethe laws that are bound by the express terms of law.Common Law:This is the law that is made with the effect of the precedent which ismade by judges sitting in the court rooms. Unlikely statutory provisions which arecodified by the parliament of the country, these are common law that are made according1
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