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Business Law: Understanding Legal Concepts and Applications in the UK

   

Added on  2024-05-17

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Business Law
Business Law: Understanding Legal Concepts and Applications in the UK_1

Table of Contents
Introduction......................................................................................................................................3
LO1 & LO2......................................................................................................................................4
P1.................................................................................................................................................4
P2.................................................................................................................................................5
M1................................................................................................................................................6
P3.................................................................................................................................................7
M2................................................................................................................................................8
D1.................................................................................................................................................9
LO3 & LO4....................................................................................................................................10
P4...............................................................................................................................................10
P5...............................................................................................................................................12
M3..............................................................................................................................................13
P6...............................................................................................................................................14
D2...............................................................................................................................................17
Conclusion.....................................................................................................................................18
Reference:......................................................................................................................................19
Business Law: Understanding Legal Concepts and Applications in the UK_2

Introduction
This report is prepared to provide the discussion regarding the various concepts used in the
business law. The Bishop’s Gate Hotel is taken into consideration to explain the concept related
to the constitution and the various sources that are based on the principles of the common law.
The effectiveness in terms of the legal system and their application is also provided in this report
to develop the effective understanding of the concepts used. The approaches used in the
alternative legal solutions are also provided in this assignment to explain the legal consequences
and the considerations. It is presented in the report that every form of the branch consists of the
certain authorities which are responsible for the execution and the solution of the cases. The
sources in the English legal system are explained in the report thoroughly.
Business Law: Understanding Legal Concepts and Applications in the UK_3

LO1 & LO2
P1
The effectiveness is provided in terms of the constitution regarding the application of the legal
system. The constitution reflects the historical origin which prevails in the country. The form of
the functioning is in unwritten form. In other words, the rights of the individuals are not provided
in the written manner. Hence the powers which are an exercise in the Bishop’s Gate Hotel are
also not mentioned in the constitution in the written form (Martin, 2013).
The functioning of the UK legal system is such which provides the judges with an authority in
regards to interpret the laws made but their regulations are generally bounded by the precedents.
The power regarding overrule is provided in the case where the decision provided by the body
proves to be wrong in the case held after in the same or the other superior courts.
Sources of Law
There are various sources of laws which are used for formation of new laws or making
amendments in the old laws. The constitution of the UK consists of the separation of the powers
in three forms which are executive, legislature and judiciary. Every form of the branch consists
of the certain authorities which are responsible for the execution and the solution of the cases.
These sources are as follows:
Legislation: This is the foremost sources as in the UK; Parliament is considered the chief
authority of the legal system. These laws are enacted by the parliament and are applicable on the
whole country unless specified. The legislative process which is followed in the working and the
functioning of the UK legal system provides the reading which is used in the formation of the
business laws. The two forms of the bill are used in the legislative procedure. The public bills
consist of the laws which involve the interests of the public only. In the other case, the private
bills are introduced which are introduced by the non-ministerial bodies working in the
Parliament (Slapper and Kelly, 2013).
Judiciary: One of the main sources of law is judiciaries. It is the decision taken by the superior
courts and judges in the past times. These decisions are considered while making decision for
current cases. There are involved the doctrines which help in reviewing both the executive and
the legislative actions. The reason which helps in reviewing the process is related to the illegality
and the irrationality. If the provisions formulated are such which proves to be illegal or irrational
then in such case, the actions can be reviewed.
European Union Laws: These are the laws of European Union which are referred while
developing a law as new laws are required to be constant with the union laws. The regulations
related to the European Treaties are provided in the functioning of the European laws. These
involve the treaties such as Treaty on the functioning of European Union 1957. The subjects and
treaties on the basis of which the international laws are based cover the form of Parliamentary
supremacy (Taylor and Emir, 2015).
Business Law: Understanding Legal Concepts and Applications in the UK_4

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