Business Law Sample Assignment (pdf)
Added on 2020-12-09
17 Pages6107 Words92 Views
BUSINESSES LAW
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1TASK 1............................................................................................................................................1A) Discussion on the point 'Parliament is sovereign' and what is the importance of Queen'sSpeech at the state opening of parliament...................................................................................1b) Explain the role of government in process of law making.....................................................3Use specific examples to illustrate how company, employment and contract law has apotential impact upon business...................................................................................................5TASK 2............................................................................................................................................7Nature and formation of different types of business...................................................................7Advantages and disadvantages of unincorporated and incorporated business with its differencebetween in terms of starting process. .........................................................................................9Advantages and disadvantages of company over partnership firm...........................................10CASE 1..........................................................................................................................................10CASE 2..........................................................................................................................................11CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14
INTRODUCTIONBusiness law is the term which cover all those laws that helps to organise and mange torun a successful business organisation. It is important on daily basis because it provide thatessential outline which is helpful to commence, execute and wind up the activity of any businessassociation. At present, it can be said that because of business law day to day decision has beenimproved. In result it can be seen that profit have been enhanced due to business law. It is alsoknown as mercantile law as well as commercial law (Ashcroft, Ashcroft and Patterson, 2016). Ithave been beneficial in increasing the overall knowledge regarding various tax obligations,different litigations also various non profit oriented law which is being complied in businessorganisation. Some of the special branches of commercial laws are contact, intellectual property,company, employment law etc. which plays the necessary role in concluding any kind ofactivities. As having better understanding regarding business law it is necessary to provide allrelevant information as per the given guidelines. Here, in this report the detail discussion on thepoint Parliament is sovereign will clear the doubt regarding it. The information related to varioussources law will tell that how policies are being formed in UK to maintain its decorum. Thediscussion on incorporated and unincorporated business organisation will describe its uses thathow it is funded and managed. And it the end the cases will be solved according to the relevantlaws, rules and regulation etc. Thus, Alternative Dispute Resolution might play important rolewhile solving dispute. MAIN BODYTASK 1A) Discussion on the point 'Parliament is sovereign' and what is the importance of Queen'sSpeech at the state opening of parliament.Every were in the world any authorised body have to play the role of formation of anylaws or even maintaining peace in the country. It is very important that how country managesthat on regular basis. In the same manner, Parliament have that power within UK (Backer, 2015).It is known to everyone that 'Parliament of UK is sovereign' because it is not necessary for all thepeople that they should follow every laws which have been commenced by Parliament. Atpresent no one have the power to challenge House of Parliament. The sovereignty process have1
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