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Business Law: Legal System, Disputes, and Legal Structures

This assignment tests students' understanding of how business law is applied to the running of a company.

18 Pages4085 Words69 Views
   

Added on  2023-01-19

About This Document

This document provides an overview of the legal system in the United Kingdom, including the difference between civil and criminal law. It also discusses the key legislation, regulations, and standards that new businesses need to be aware of. The document explores the implications of laws on businesses and provides a critical reflection of the UK legal system. Additionally, it introduces different types and classifications of business organizations in both the public and private sectors, and evaluates their advantages and disadvantages. Finally, it discusses how different organizations are managed and funded in both sectors and provides legal solutions for resolving disputes.

Business Law: Legal System, Disputes, and Legal Structures

This assignment tests students' understanding of how business law is applied to the running of a company.

   Added on 2023-01-19

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Business Law: Legal System, Disputes, and Legal Structures_1
Table of Contents
INTRODUCTION...........................................................................................................................3
SECTION 1 (NATURE OF LEGAL SYSTEM OF BUSINESSES)..............................................3
TASK 1............................................................................................................................................3
Explanation of the legal system in United Kingdom and the difference between civil law and
criminal law.................................................................................................................................3
Overview of the sources of law in United Kingdom...................................................................4
Explanation on the role of government in law-making and how statutory and common law is
applied.........................................................................................................................................4
Explanation of the key legislation, regulations and standards that a new business needs to be
aware of.......................................................................................................................................6
Analysis of implications of laws on business.............................................................................6
Provide a critical reflection of the UK legal system using examples to demonstrate strengths
and weaknesses...........................................................................................................................7
TASK 2............................................................................................................................................8
An introduction to different types and classification of business organisations in both the
public and private sectors............................................................................................................8
A critical evaluation of the advantages and disadvantages of different legal structures..........11
How different organisations are managed and funded in both public and private sectors.......14
SECTION 2 (LEGAL SOLUTIONS TO BUSINESS PROBLEMS)...........................................14
Legal solutions for resolving disputes......................................................................................14
Different source of legal advise................................................................................................16
CONCLUSION..............................................................................................................................17
REFERENCES .............................................................................................................................18
.......................................................................................................................................................19
Business Law: Legal System, Disputes, and Legal Structures_2
INTRODUCTION
United kingdom is a large group of nation which concludes several divisions and
accordingly it has separate laws. Business law is one of most important laws in this division as it
provides guidelines and methods to different levels of business organisation. It binds, protects
and administers them on all levels and keeps them out of illegal malpractices. It also has many
different methods to solve disputes occurring between two parties which can justify things at
certain levels. Also in some methods things can be resolved even without approaching justice
courts and to clear these things more briefly case scenarios are provided to understand thing
better.
SECTION 1 (NATURE OF LEGAL SYSTEM OF BUSINESSES)
TASK 1
Explanation of the legal system in United Kingdom and the difference between civil law and
criminal law
Parliament sovereignty is diverse in its basic nature which consists of several powers. As its
said that constitution is unwritten and its not present in a single bind document. The most
features of constitution are comprised in statutory and common law. Its a stipulation that
parliament keeps on changing with time diversification and changing with upbringing new
changes in society. Every time before parliament is announced there is a speech given by the
queen called as “speech from the throne”. Its addressed by Royal Queen in which she provides
guidelines and norms for current assessment year and people celebrate diversification and culture
of England (Backer, 2015) . Their are specifically four divisions in which constitution is divided
which are mentioned below: Legislations : The most prominent features of legislation are major acts in parliament, its
the main body to generate, develop, remove or amend any act in parliament. These laws
are generated for benefit of nation and its citizens plus they nullify the betterment of
certain circumstantial situations. European union : this union was created for benefit of all the 28 countries who are part of
it. These generate a union before the world and provide benefits in the main market
globally (Ball, 2015). It gives a certain power to regulate the prices and working of
everything plus maintains coordination between all countries.
Business Law: Legal System, Disputes, and Legal Structures_3
European convention of human rights: The need to develop this union was after WWII
and to support and develop peace in all nations. Its sole purpose is to maintain peace and
encourage people in non violence solutions over disputes and confusion within nations
(Bayern, 2016).
Common law: This law was generated in early 80's era and was made from kings rulings.
That time any law created by kings were implemented as a rule in the whole area ruled by
them. This method was picked up by many areas of rulings and was passed on to other
generation. The basic purpose it served was to treat each case differently and give
specific solutions towards them.
Overview of the sources of law in United Kingdom
Statutory law: this laws basic purpose is to work as justified by legislation. No person can seek
exact remedy or benefits from this law as its very particular in its understandings. It does
not accumulate any issue in case of making proper legislation towards any issue or dispute.
The method of using this laws in court is to particularly point at some specific issue or
certain act which is against law and is crime (Besley, 2015).
Common law: This law works for each case or dispute differently. The core purpose to establish
this law is to see each circumstance with new perspective and give solutions accordingly.
This method was adapted by kings rulings and in justifying such case laws there is a history
of cases to support in such matter. In court proceedings if in any case a person can seek help
from referring from a past case in which cases match it will help in getting proper claims.
Explanation on the role of government in law-making and how statutory and common law is
applied
The legal system in UK has developed since different new reforms are being portrayed in
the legislations. These defines the circumstantial approval or disapproval of society towards a
certain law or act of parliament. These are very important for society since, a changing society
needs amended laws which work according to their requirements. The roles of the government is
divided into three categories viz. Executive, legislative and judicial. Executive role is about
administrating the legal provisions that are enacted by the legislative bodies in UK. This is about
the enforcement of the laws for their effective execution. Legislative role is related to the
formulation of statues by analysing the effectiveness of the existing legal system. House of Lords
and House of Commons have the authority to present bills in the parliament which are processed
Business Law: Legal System, Disputes, and Legal Structures_4

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