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Business Law: Understanding the Legal System and its Impact on Business

   

Added on  2024-06-05

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Business law
Business Law: Understanding the Legal System and its Impact on Business_1

Table of Contents
Introduction......................................................................................................................................3
LO1 Explain the basic role of the legal system...............................................................................4
P1 Explain the different sources of law that the organization needs to comply with..................5
P2 Explain the role of government in law making. Explain how the statutory and common law
is applied in the courts.................................................................................................................7
M1 Evaluate the effectiveness of the legal system in terms of the diversity of its laws. Discuss
the problems with different sources of law..................................................................................8
D1 Provide a coherent and critical evaluation of the legal system and law drawn from a range
of different relevant examples to support judgments...................................................................9
LO2: Illustrate the potential impact of the law on a business........................................................10
P3 Using specific examples illustrate how company, employment and contract law has a
potential impact upon business..................................................................................................10
M2 Differentiate and analyze the potential impacts of regulations, legislation,and standards..12
LO3 Suggest appropriate legal solutions to business problems....................................................13
P4 Suggest appropriate legal solutions for a range of business problems.................................13
P5 Provide justifications for the use of appropriate legal solutions...........................................15
L04 Recommend appropriate legal solutions based upon alternative legal advice provided........16
P6 Recommend solutions based on a country’s legal system and /or a different framework....16
M4 Compare and contrast the effectiveness of these solutions.................................................18
D2 Critically review and evaluate the use of appropriate legal solutions in alternative advice.
....................................................................................................................................................19
Conclusion.....................................................................................................................................20
References......................................................................................................................................21
Business Law: Understanding the Legal System and its Impact on Business_2

Introduction
In this report, it discusses the purpose and functions of law that helps to regulate the behavior of
society. English legal system is divided into the civil and criminal courts that consist the
hierarchy. The sources of law help the parties to take their decision. It also analyses the different
legislation such as consumer law, Employment law, company law that provides the rights and
duties of parties. In this different scenario are provided and that can be analysed according to the
legislation. It also evaluates the methods of ADR that helps the parties to settle the
disagreements.
Business Law: Understanding the Legal System and its Impact on Business_3

LO1 Explain the basic role of the legal system.
Introduction
In this report, it discusses the aspects of English legal system. The BF wants to
contextualize their business. English legal system helps to understand the different meaning
of law with their sources. They also analyse the role of government in the process of
lawmaking. BF advises the business known as country pine. This business was established
by two brothers who manufacture the furniture, they want to expand their operations of the
business.
Business Law: Understanding the Legal System and its Impact on Business_4

P1 Explain the different sources of law that the organization needs to comply with.
Law can be termed as the system of rules which are enforced and created through the
agencies of government that helps to regulate the behavior.
Structure of English legal system: It is fragmented in to the civil and criminal court that is
discussed below:
Supreme Court: It is considered as the highest court in the system of England and Wales.
Senior Courts of England and Wales: This court is formed by the court of judicature. It
consists of crown court, High court, the court of appeal.
High court: It is recognized as the highest court in the UK and deals with the civil cases
and the verdicts that are given by the lower court.
Crown court: Crown court handles the matters of crime and perceives the decisions from
the trials on crimes and also overhears the petition form magistrate court.
UK Legal System Hierarchy
Supreme Court Senior Court of the
England and wales
Court of Appeal
High Court
Crown Court
Subordinate Court
Magistrate court
Family proceeding
court
Youth Courts
County Courts
Special Courts
Coroner's Court
Eccleslastical
Courts
Other Courts
Military courts
Election Courts
Patents County
Courts
Business Law: Understanding the Legal System and its Impact on Business_5

Court of appeal: It consists of the criminal and civil division. Criminal court perceives the
verdicts form the crown court. Civil court overhears the decisions from county court and
High court of justice.
Subordinate court: It consists of the magistrate court that is known as the criminal court in
which illegal proceedings are taken. It also includes the youth court, family court and
county court.
Other tribunals and courts: Apart from the civil and criminal division there is different
court such as military court, Ecclesiastical court, coroner’s court(Hierarchy structure, 2017).
Sources of law:
Sources of English legal system are divided in to the primary and secondary source. Primary
source provides the fresh and direct evidence about the evidence. It includes the case laws,
legislation etc. The secondary source includes the secondary information that includes the
journals, legal Encyclopedias. Etc.
Primary source: Legislation is enacted through the parliament and considers as the higher
form of law that overrides the other laws. Case laws are known as the judge made a law that
safeguards the certainty and reliability in the progress of law.
Secondary source: law journals consists the articles, decisions that can be used by the
attorneys. Legal encyclopedias provide the legal articles on the different topics(Bell, 2018).
Business Law: Understanding the Legal System and its Impact on Business_6

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