Business Organizations: Legal Business Structures in the UK

BUSINESS
ORGANIZATIONS

Contents
INTRODUCTION:..........................................................................................................................3
TASK:..............................................................................................................................................3
BUSINESS LAWS AND ORGANISATIONS IN THE UK:.................................................3
THE LEGAL BUSINESS STRUCTURE OF UK COMPANIES:.......................................4
CONCLUSION:...............................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION:
Business organisations can be defined as the type of structure which any business choose to
operate upon. The business structure not only helps the organisation to accomplish their
organisational goals but also helps to run their business smoothly in the market place with a good
brand name (Ince, 2022). Mainly there are two types in which businesses can divide their focus
to run the business. Its either profit making or it’s for society’s welfare. The basic category of the
business organisations structure can be sole proprietor ship, partnership and the corporation. In
this report however, all the business structures has been discussed with the nature and
management of a company. Commercial laws on the other hand can be defined as the structure
of law which basically helps in governing all the business entities and they have to follow the
rules and regulations that are being made by the government (Tripathi and et. Al., 2022). In
addition to this, the concept of business liability and in negligence, and the vicarious liability of
an employer in the organisation and also the individual employment rights that they enjoy while
working has also been discussed in this respective report.
TASK:
BUSINESS LAWS AND ORGANISATIONS IN THE UK:
Every organisation that runs in the UK is being regulated by the company’s act of the year 2006
and is also being governed by the insolvency act of the year 1986. The first modern cooperation
was outlined by the United Kingdom. The nature of the management of every organisation and
running businesses is however indefinable. The working management of the company changes
from firm to firm. When we talk about the goals of the firm, it also varies. However, most of the
organisations operate in the market place with the focus and motive to maximise the profits and
at the same time to accomplish its organisational goals. Business transitions of any company can
defined as the financial transaction that takes place between the two parties including two firms
or two individuals of the firms that involves the trade of monetary value or some goods, assets or
even services in exchange (Rivera and et. Al., 2022).
Negligence liability in any business organisation can be defined as the employee or other
member of the company fails to accomplish the responsibilities that are being given to him or