Business Law in United Kingdom : Assignment

Added on -2021-02-21

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BUSINESS LAW
Table of ContentsINTRODUCTION...........................................................................................................................1SECTION 1 (NATURE OF LEGAL SYSTEM ON BUSINESSES).............................................1TASK 1............................................................................................................................................1Explanation of the legal system in United Kingdom and the difference between civil law and1criminal law................................................................................................................................1Overview of the sources of law in United Kingdom...................................................................2Explanation on the role of government in law-making and how statutory and common law is.3applied........................................................................................................................................3Explanation of the key legislation, regulations and standards that a new business needs to be.4aware of......................................................................................................................................4Analysis of the potential implications of law on a business.......................................................4Provide a critical reflection of the UK legal system using examples to demonstrate strengthsand...............................................................................................................................................5weaknesses.................................................................................................................................5TASK 2............................................................................................................................................5An introduction to different types and classification of business organisations in both thepublic and private sectors............................................................................................................5A critical evaluation of the advantages and disadvantages of different legal structures.............5How different organisations are managed and funded in both public and private sectors..........5SECTION 2 (LEGAL SOLUTIONS TO BUSINESS PROBLEMS).............................................5Different source of legal advise..................................................................................................7Effectiveness of legal solutions, legal advise and support..........................................................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONBusiness law is simply the law which deals with the process of formation of new businessor either solve the issues which arises within the existing business. It covers the wider area wherevariety of laws are included such as tax law, intellectual property, real estate, sales, employmentlaw and many more (Howells and Wilhelmsson, 2017). Discussing about the assignment, it hasbeen divided into two parts Section 1 & Section 2. In first section, there will explanation aboutlegal system of UK, overview of sources of law, duty of government. Also, there will bediscussion about formation of different types of company, there advantage & disadvantages offormation and main source of their funding. While talking about another section, legal solutionswill be given to the problem which occurs within the business organisation. In second section, allof the suggestion will be given by legal adviser of Regent Vision Ltd who has been newlyappointed in the company.SECTION 1 (NATURE OF LEGAL SYSTEM ON BUSINESSES)TASK 1Explanation of the legal system in United Kingdom and the difference between civil law and criminal law.English legal system is one of the most power law system in the world. Here, it is foundthat decisions are not biased and even every gets the right to put up there point in front ofrepresentative of legal system or parliament house. As, there is separate department in most of thecountry to form the law but in case of UK all of the decisions are being implemented by House ofParliament. As per the laws and regulations, they are the most powerful body in there countrywhere no one has the right to speak that the decision which has been taken by them is not corrector it can create issues for any of the business organisation (Beatty, Samuelson and Abril, 2018).In context of business organisation, the main law which is needed to be followed by everybusiness organisation is Companies Act, 2006 where every single guidelines are written whichhelps to take each and every decisions in systematic manner.UK legal system is mainly based on two different laws such as Civil law and criminallaw. While discussing about Civil law, it can be explained as the law in which any of the offencewill be bailable. Here, people mainly perform unlawful activity for the purpose of personal1
benefit and which they are needed to understand that it is not allowed in any of the case. In mostof the situation, any of the case which is filed against business organisation, it is entertained ascivil wrong. While talking about criminal law, it is one of the most non bailable offence whereany of the person who has been found guilty are punished. This types of offences are mainlyentertained within the different level of court (Cameron and Pagnattaro, 2017). As, there arenumber of situation where civil cases can be solved outside the court but when it comes tocriminal offence it can be sorted without taking the help of court proceedings.Overview of the sources of law in United Kingdom.Law in any of the country cannot be formed if different sources are not available becauseformation of law should be done according to the requirement of situation. In context of GreatBritain, it covers large geographical area which indicates that various sources should be their ifproper rules and regulations are needed to be formed. For the purpose of understanding about theavailable sources of UK, it has been explained in different paragraph form.Act of Parliament is one of the important source of UK because laws and regulationswhich are formed in it are based on the required to situation. Whenever they commence any ofthe law, they follow each and every steps of law making process which confirms that those lawsare helpful and effective too. European Court is also of the main source for the process of forming law within UK.They have the rights to commence laws and regulations for all of those nations which haveagreed in the treaty of European Union. Before the exit of Brixit, it was found that almost morethan half of the laws within United Kingdom has been commenced by European Court. The lawswhich are commenced by European Court should be followed by everyone (Crane, Matten,Glozer and Spence, 2019).Common law are those laws which are helpful for United Kingdom because it givesadditional advantage to premisses of court to take their decision of own in those situation wherelaws have been not commenced. Most of their laws which has been formed under common law isin that condition where some of the serious issues has raised.International Court is one of the body of United Nations which commences law andthose laws are applicable for each and every court. Some of the main laws which has beencommenced by them are related to International boundaries law, Peace maintaining related lawsand many more.2

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