Business Law: Application, Analysis, and Legal Formation of Venture Companies

Unit 7: Business Law

Table of Contents
• PART 2
• INTRODUCTION
• MAIN BODY
• Application and Analysis of Employment Law
• Legal formation of Different types of Venture companies
• Explanation on management and funding of companies
• Analysis of various types of venture firms advantage and disadvantage
• Each case legal formation
• Suggestion on the mentioned case through appropriate legal solution
• Justification for the given solution and advice
• Recommendation on the given effectiveness through contrasting and comparing
• Critically and evaluating the suggested legal solution
• CONCLUSION
• REFERENCES

INTRODUCTION
• Corporate law or commercial law is also known as business law.
• Trade, commerce, sales and merchandising engagement with the relations, rights of business and person is applied by body of law in known as
business law.
• Employment laws, consumer goods sales, intellectual property, taxes, etc. are types of business law. Business and the commerce was governed by
the commercial or business law (James and Thomas, 2020).
• The report will identify the application and analysis of laws and on each case the legal formation will provide.
• Further, the report will provide the solution with suggestion.

Application and Analysis of Employment
Law
• The relationship between the trade unions, workers, governments and employing
entities are referred as labour laws.
• The laws relating to employees or labour are National Minimum Wage Act 1998,
across the UK the employers and employees were set to national minimum wage
under the act (Bagenstos, 2020).
• Employment Rights Act 1996, in the situation of the maternity leave, dismissal,
paternity leave, redundancy and the unfair dismissal rights of the employees were
covered under the act. It is the update version of the Labour Law.
• Through the contract of work the law concerned with the right of employees with the
individual labour.