Business Law: Legal System and Sources of Law in the UK
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This article discusses the legal system and sources of law in the UK, including classifications of law, the role of courts, and the UK law making process. It also covers contract law and its impact on business.
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LEGAL SYSTEM FOR BUSINESS LAW
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Table of Contents INTRODUCTION..........................................................................................................................3 TASK..............................................................................................................................................3 Part 1: Classifications of law..........................................................................................................3 Define laws and identify the respective legal systems in the UK...............................................3 Explain the role of the following Courts in the English Legal system such as a) High Court, b) Supreme Court etc......................................................................................................................4 Part 2: Source of law.......................................................................................................................4 Part 3: UK law making process.....................................................................................................5 Explain the following..................................................................................................................5 CONCLUSION...............................................................................................................................7 REFRENCES................................................................................................................................8 REFERENCES..............................................................................................................................10
INTRODUCTION Business laws are the laws that has been dealing with various kinds of rules and regulations formed in order to makes business organization established in more organized manner. These laws provides legislation which proves to be more effective over making business process efficient manner. Such law makes objectives and goals of an organization achieved in more impactful way. Also business law deals with various aspects related to business through preparing legal farmworker leads over making work done in organized way. Scope of these laws are wider as they impact functioning of business from all its aspects. Nature is dynamic which makes business mechanism affected through its guidelines. In this file three parts are there First part deals with legal systems. Second part develops understanding in relation to various sources of law. Third part deals over law related to business like contract, employment and company law. TASK Part 1: Classifications of law Define laws and identify the respective legal systems in the UK. Laws are those kinds of rules and regulations which has been formed in order to control various kinds of activities taking place within society. These rules makes standards developed by marking out legislation in relation to such act. Also laws has been defined as particular framework formed for controlling of illegal process existing within society. In simple words law has been formed to govern both state and society. In English legal system law covers various aspects which exists within society and makes it better place to live. Further legislations passed by parliament of UK is based upon two main laws which are civil and criminal laws. Both laws has lead over creating balance within society(Giubboni, 2018). Criminal laws are those laws that is focused over dealing with crime taking place in relation to public at large. Civil law deals over those wrong which is been committed in relation to an individual. In criminal law there should be two main elements that is Actus rea and Mens rea. In civil case basic elements are based upon nature of the case. Criminal law covers in criminal code of conduct and civil law covered under civil code of conduct. Criminal law evidence and facts is been used to determine the culprit whereas in civilcase burden of proof lies over the accused. Civil law covers cases related to contract, property and law of torts. In criminal law cases related over murder, extortion, sexual assault and theft is been covered.
Explain the role of the following Courts in the English Legal system such as a) High Court, b) Supreme Court etc. In English legal system one of the major organ is judiciary which is covered under judicial system and has been covering various kinds of legal procedures. Under judicial proceedings courts is segregated as per the jurisdiction provided to them. Jurisdiction of court is based over territory and value of money. English legal contains hierarchy of courts within which Supreme Courtthis is the highest court of authority dealing with all kinds of cases which has been challenged.High Courtthese courts are also appellate courts as it deals in appeals challenging judgements of lower courts. These courts have three main division which are Queens division for criminal matters, Chancellor division for civil matter and Family division for marriage related issues.Lower courtsthese are those courts which are known as courts of first instance as they look at a matter which is fresh. In this magistrate courts, bounty courts and other lower division courts is been covered. Different courts are there that is tribunals, administrative courts and juvenile courts(Hiller and Shackelford, 2018). Part 2: Source of law Laws are those kind of bodies which leads over controlling criminal activities existing within society. These legislation is been formed through various kinds of sources which acts as knowledge providing aspects and helps in developing of laws. These sources are divided into two kinds that is secondary and primary sources. Further it has been explained as follows: Primary sources;Such sources provides first hand information in relation to law that has to be formed. These sources has been explained as follows: ï‚·Case law:In this source information is based upon the judgement passed by judges within particularity case. It has been formed in relation to various aspects covered within a case(Holloway and et. al., 2017). ï‚·Legislation:These are those laws passed with the help of through following proper process within parliament. Such process is known as three stage reading process under it first stage only the draft of legislation is been presented within parliament. Second reading detail discussion is been done over the draft and its various aspects and voting is also done over it. Third reading thebill is been discussed with amendments suggested.
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Then the bill is sent to House of Lords for final analysis and can be send again over amendments suggested. The last step is that bill is send for Royal assent which is given by monarch under Royal assent act 1987. Legislation also has power to make distribution of power done known as delegated legislation which is an subordinate body formed to act on behalf of appellate authority. ï‚·Human rights:These are another important basic source as it deals with basics of law formation which cannot be violated in any means. Such rights covers about fundamental principles of individual defined under constitution of a country. Laws formed cannot violate it in nay manner. Secondary sources:Such sources provides second hand information collected from primary sources. These sources has been explained as follows: ï‚·Text books:This sources helps in understanding about laws in detail and helps in generating information in relation to it. They makes students studying law attain more knowledge regarding particular law(Moran, 2020). ï‚·Encyclopedia:Such source acts as those kinds of laws which makes basic meaning in relation to terms of laws understood in more effective manner. This makes definitions understood in more organized manner. ï‚·Articles:They are helpful in generating of idea in relation to laws which has been formed and impacts. Also it makes analysis of law done in more organized manner by experts. It makes laws and regulations developed in more effective way which makes laws formed with more strength. Part 3:UK law making process Explain the following Contract laws:In these laws an agreement is formed between two or more than two parties which requires to be valid within the eyes of law. Laws related to contract has been formed over regulating agreements in more impactful manner. Also such laws makes standard procedure developed for making law impactful in nature(Rendtorff, 2019). In other words contract laws are based over those kinds of agreements which is made between two or more individual or organization over making sure that all kinds of activities related to business is been performed in more organized manner. It makes monetary transactions
controlled in more organized manner which makes legality to be maintained within the law. In other words contract laws has been formed over making an agreement attain validity within the eyes of law. These laws make sure that an agreements executed should not violate any elements maintained within it. Agreements can be contract but an contract cannot be agreement which means that agreement can be formed as contracts and no contract cab be an agreement. Contract can be both expressed and implied which means it can be written and unwritten form. The term expressed covers about promise or any mutual agreement formed. Implied means an agreement that has been formed in written manner between parties and has been executed. Also these laws are based upon various elements which is important to run a contract(Pertot and D'Onofrio, 2017). These elements are offer, acceptance, obligation, legality and validity. In offer only the idea to form a contract is been presented to another party. In acceptance idea presented by another party is been accepted by party to whom it is made. Obligations these are those laws which has been formed after discussion done between parties willing to come into contract. In this only rules and regulation is been decided by parties. Legality in this it is been observed that terms and motive of contract is legal in nature. Validity this is the final element presented within the contract it makes sure that an contract is based upon those things which is been allowed within the law. As per it contract cannot be based over smuggling, bribery and any kind of illegal trading. In contract wrong committed is based upon breach which is breach of contract and breach of trust. They are been handled with the help of remedies that is given within the legislation regarding the law that is damages, specific performance, injunction and rectification. Damages is been given in the form of money, specific performance is been given under special circumstances. Injunction is been given on courts order and rectification is granted only when an natural disaster occurs(Simons and Handl, 2019). These remedies helps in dealing with breach of contract in specific manner and makes parties attain compensation for it. Postal contract are those contract which has been formed through posting a letter to another party and in this letter accepted is been considered as contract formed. In this as soon as the letter is posted contract is formed between parties. Then comes consideration that is based over bargaining of contracts and its is been governed with various laws which are consideration must not be past, consideration can be sufficient but cannot be adequate, consideration must be raised from promisee. Also in this existing public duty will not
amount to an valid consideration and existing contractual duty will not amount to valid consideration. Part payment of debt is not valid consideration over promise to forego the balance. Then comes invitation to offer within which an offer is been presented but not accepted. It differ from offer in a way that in offer only the idea is been presented but its part of contract. In invitation to treat only offer is been presented but not accepted is not part of contract. Relevant case law to understand this isPharmaceutical Society of Great Britain v Bootsin this case boots introduces new self services within the system within there shops which makes customers pick up goods from shelf and put them in basket and takes cash till pay. Under this Pharma Society of Great Britain has brought an action in relation over determination of legality upon particular system regarding selling pharmaceutical products which has been allowed by law to be sold under present pharma law. In this court observed that invitation to treat exists but no contract is been formed which makes parties not obligated to followed by parties. Contract laws has helped business organizations in attaining growth and sustainability which has made various process of an organization done in smooth manner with more efficiency. Also it lead over developing framework which makes strengthening of relationship between parties possible(Smits, 2017). CONCLUSION From the above discussion it can be concluded that business laws are those rules which has been formed in order to make and organization attain legality within the eyes of law. These laws leads upon making organizations goals and objectives achieved. Further the file covers about legal system of United Kingdom with jurisdiction of courts. Then sources of law is been covered with delegated legislation. In the end basics of contract law with its elements, postal rule with difference between offer and invitation to treat is been covered. In the end impact of contract law on business is covered.
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REFERENCES Books and Journals Adams, R.S. and Jacobs, B.M., 2017. Developments in the Regulation of Debt Buying.The Business Lawyer,72(2), pp.495-502. Apriani, D. and Suriaatmadja, T.T., 2020, March. Building the law of Indonesian business competition based on Islamic economic principles. InInternational Conference on Law, Governance and Islamic Society (ICOLGIS 2019)(pp. 241-245). Atlantis Press. Borlini, L.S., 2018. The EU’s Promotion of Human Rights and Sustainable Development throughPTAsAsaTooltoInfluenceBusinessRegulationinThirdCountries. Transnational Law and Governance, Forthcoming, Bocconi Legal Studies Research Paper, (3287442). Chazi, A., Khallaf, A. and Zantout, Z., 2018. Corporate governance and bank performance: Islamic versus non-Islamic banks in GCC countries.The Journal of Developing Areas, 52(2), pp.109-126. Girella, L., Rossi, P. and Zambon, S., 2019. Exploring the firm and country determinants of the voluntary adoption of integrated reporting.Business Strategy and the Environment, 28(7), pp.1323-1340. Kassoti, E., 2018. Doing business right? Private actors and the international legality of economic activities in occupied territories.Cambridge International Law Journal,7(2), pp.301- 326. Kucherkov, I., Grigoriev, D. and Masolletti, M., 2021. Analysis of the International Legal and RegulatoryFrameworkforCooperationintheFieldofCombatingCorruption. Available at SSRN 3869519. Ostas, D.T., 2020. Ethics of tax interpretation.Journal of Business Ethics,165(1), pp.83-94. Peterson, E., 2018. Empowering Business Policy & Strategy through Improved Collaboration between Managers and In-House Counsel.Atl. LJ,20, p.225. Spotorno, A.R., 2018. Piercing the corporate veil in the UK: The never-ending mess.Business Law Review,39(4)