Case Study on Business Law Assignment Sample

Added on - 17 Feb 2021

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BUSINESS LAW(Project 1: Case Study)
Table of ContentsINTRODUCTION...........................................................................................................................1PROJECT 1.....................................................................................................................................11) Nature of Statue and Case Law...............................................................................................12) Application of knowledge of contract Law:...........................................................................3CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
INTRODUCTIONBusiness law is the principles of law which is implemented on the business concern. Thislaw is mainly related to cases of civil and criminal matters and they can be imposed to public andprivate companies. It mainly used when two parties enter into contract or when fraud committedunder business activities or when any illegal commitment is made with the employees whichaffects their life. Present study is based upon the case of Print Fast Ltd v Seed Store Ltd. Theyboth enter into the contract and after few days the case comes up with the invalid contract fromone of the parties.Report will include the nature of statue and case law in relation to applicability of civiland criminal cases. Further it also includes the application of knowledge of the valid contract andthe circumstances which become unenforceable to contract.PROJECT 11) Nature of Statue and Case LawAs law are imposed on public and companies which can be private and public and carrytheir activities for better establishment. As act of legislation or parliament are stated for thepurpose of bring new laws or amending the existing laws for providing more security and fairdecision to public and society (Hedley, 2017).As the trust of public are decreasing, as days asthey think the decision provided by courts are not in favour of honesty and the only matter thecourt is concern is related to money and they provide judgement be seeing money and thefinancial position of the person. After reviewing this condition of courts they decide to amendthe acts or passed some new acts which provide justice to people and also engage theirconfidence in the judgement (Slapper, 2016.).If to introduce new acts a bill is passed in thehouses of Commons and house of lords for the approval after is bill is examined the approval hasbeen given by the Royal assent which means the Queen of the country and that comes up withtheStatue Law. The European courts have to follow the rules and principle that are mentionedunder the Statue.Common lawor case laws are such laws in which judgement are made on the basis ofcases which are not under the statue law or law of equity. They can refer the judgement ofprevious cases which are already in existence with the courts and they provide judgement to theparties regarding the matters (Deakin and et.al., 2017).The applicability in respect of civil and1
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