(Doc) - Business Law Assignment Solved
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Added on 2020-10-05
(Doc) - Business Law Assignment Solved
Added on 2020-10-05
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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...........................................................................3P2 Role of government in law making and how these are applied.............................................4Task 2...............................................................................................................................................5P3 How companies, employment and contract law has potential impact upon business...........5M2 Differences between legislation, regulations and standards to analysis potential impactupon business..............................................................................................................................6D1 Critical evaluation of the legal system and law.....................................................................7Task 3...............................................................................................................................................7P4 How different types of business organisation are legally formed.........................................7P5 how this organisations are managed and funded...................................................................8M3 Detailed assessment on the pros and cons of their formation..............................................8Task 4...............................................................................................................................................9P6 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.........................................................................................................................................9M4 Comparison of different sources of legal advice................................................................10Conclusion.....................................................................................................................................10References......................................................................................................................................12.......................................................................................................................................................13
Introduction Business law is considered as the body of law that mainly focuses on the legal as well asthe proper configuration of the business and it also implies how the organisation operates. This isthe branch of legislation which helps in incorporating a new business and also helps the existingbusiness to be more precise and to follow the provisions of various elements that are included init. The various elements of business law consist of company law, contract law, environment lawetc. The business law is basically based on the commercial law. As working on the position ofsenior employment and the dispute law advisory in the law firm named global solicitor (Besley,2015). The firm is based in London and has its operations London. This report gives the briefabout the nature of legal system of the country and the what are the different sources of laws thatexist within the country. The report would also analyse the impact of the company law,employment law and the contract law on the operations of business entity. At last how theorganisations are formulated is given in the report.Task 1P1 Different sources of law in UKThe united kingdom has three separate legal systems which helps in applying the law incountry. These are divided as one for England and Wales, Scotland and Northern Ireland. Theselaws are divided in the sense that some of the law applies to the whole part of UK and someapplies to one single country. This is done by the treaty that are signed by them on their behalf.As it is seen that the UK constitution is considered as an unwritten constitution because there isno single document written which sets out the rights of the individuals and the society as a whole(Forrer and Katsos, 2015). The constitution of UK is considered as Unitary and the parliament ofthe country is the supreme body that decides about the law making process and the laws that areto be made by the country on a particular issue. There are different sources of law in UK consistof Statutory law, common law and the equity law. These different sources of laws are discussedbelow in brief:Statutory law: This is the law that is in the form of written representation which is setdown by the legislature or the government of a country. This is the law that varies fromthe regulatory or administrative laws which are passed by the executive agencies or thelaw created by prior courts decisions. These are the strict laws that are construed by the1
courts of the country. This means that courts are not able to read between the liens of thestatue in order to apply this to the particular issue, rather it is bound by the express termsof the law.Common law: this is the law that is known as a case law or precedent. This is the law thathas been made by the judges of the courts or any other similar tribunals this consist ofmany sources of UK unwritten constitution. These are the laws which are updated ontimely basis by the government and according the situation that prevails in the society.This is considered as the platform for the English legal system. This law helps in makingany interpretation and bringing the clarification about the facts and the cases which arespecified in the law. These are the laws which are passed and are framed only when thereis a requirement of law, also if the current legislation that is present in the country doesnot relates to issue that is being discussed. Equity law: This is considered as the law which is applied in the common law countriesand is based in the judiciary assessment of the fairness. It is the law which is used whenthe laws themselves do not address an issue or are inadequate in some of the way. This isconsidered as the law which provides equal sets of remedies which are associated withthe procedures that are involved in the civil law (Grace and Cohen, 2013). This is seenthat it is the body of law which is administered by the common law. As the legalremedies which are provided in the other forms of laws are considered in monetary formsso it is important for the law to provide an just and equitable information to the plaintiffby giving them remedies which can be performed like wise. It is the law that is made withwith keeping in the mind which are required to be solved for the society.M1 Evaluation of effectiveness of recent reforms and development in legal systemIt is important for the government to change and amend various legal system so as toimprove the access to the justice to the society. As it is seen that the law reforms are consideredas number of things. This way the laws that governs the country and it operations remains up todate and gives better solution to the citizens of the country. As it can be seen from the examplesof Education act 1944 where the reorganising of the state education system was done so as toprovide a better solution for the same. This also helps to increase the functionality of the peopleof the country so that they are achieve the objective of better citizens.2
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