Business Law: English Legal System, Types of Business Organizations, and Legal Solutions for Disputes

Business Law

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
TASK 2............................................................................................................................................3
TASK 3............................................................................................................................................5
TASK 4............................................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Business law is a wider term which comprises number of legal provisions applicable on
organisations and there commercial transactions. It provides a foundation of law for conducting
business activities by following legislation. It is treated as a part of civil law and deals with
disputes or conflicts arising in the ordinary course of business. The other names of mercantile
law for commercial law. From the inception till the winding up, every aspect is governed through
this law. The report covers nature of English legal system, differentiation between employed and
different types of laws applicable on a business which have potential impact on the transactions.
In addition, formation of different types of business organisations has been discussed together
with legal solutions for resolving disputes.
TASK 1
In the given case, K is an aggregator and engaged in the business of food delivery where
buy it charge commission from restaurants per order and delivers the food from the
restaurant to the final customer. Due to number of difficulties faced in the previous years,
it felt importance of having the knowledge of English legal system which has been
elaborated below:
 Introduction to English legal system
English legal system is complex and one of the most untouched by any foreign law. Its
jurisdiction is divided into three parts such as England and Wales, Scotland and Northern
Ireland. Each of them has their own legal provisions and courts to deal with cases. Particularly
talking about UK, there is no completely written constitution however, Westminster parliament
has passed laws on the decided articles. Crown has the power to decide on ceremonial matters
and Parliament being the supreme authority to make laws.
 Principle of English legal system: There is only one principle on which the whole UK
system rely. It is known as doctrine of judicial precedents. According to this principle,
case with same facts and issues will be decided on the basis of previous cases with
similar issues, facts and circumstances. The underlying assumption is that, when two
cases are exactly the same then and why to apply different laws. The judges in UK courts
follow this principal for passing decisions.
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