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English Legal System Business Law Essay

   

Added on  2020-07-23

15 Pages4109 Words46 Views
Business Law

INTRODUCTION...........................................................................................................................1SECTION 1......................................................................................................................................1P1 Structure of English legal system and sources of laws..........................................................1P2 Role of governing bodies in making law and application of statutory law in court..............3SECTION 2.....................................................................................................................................5P3 (a) Employees legal obligation..............................................................................................5(b) Effect of employment and contract law upon business.........................................................6SECTION 3......................................................................................................................................7P4 Effective legal solutions for business problems.....................................................................7P5 Justification............................................................................................................................7SECTION 4......................................................................................................................................8P6(a) Concept and advantages of alternative disputes resolution...............................................8(b) Recommendation...................................................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10

INTRODUCTION Law set the rules regulation and compliances which is enacted by government authoritiesin order to make the environment of particular country free from crime and terrorist attacks.These norms decide the boundary line of residence person of that particular country andindividuals cannot break these compliance otherwise leads to higher penalty and punishments(Bagley, 2010). Therefore, business law described all the norms, compliance and the proceduresmade by appropriate authority which mandate for all the corporates in order to smooth runningof business. Various different laws in distinct fields like company law, labour law, accountingand financial law that define all the limits, formalities which need to adhere by all theorganisation in order to maintain good reputation in particular society. Further laws prescribedthe name of appropriate bodies that individuals have to communicate in case of any inconvienceor injustice happen in particular business. All the above laws show all the rights, liability ofemployees at the time of working in particular organisation.SECTION 1P1 Structure of English legal system and sources of lawsIt is said that legal policies gets expansion from different countries, including Englishregions. Advantage of this system is that doctrine of judicial precedents it means that judge cannot change the decisions provided by various courts. There is provision to safe guard the interestof society, it includes different tribes (Bodie, Kane and Marcus, 2014). In English legal system,there is more importance to decision of high court and other lower courts are abide by the ordersof supreme court. It means that higher court is superior in hierarchy so it makes other tribunals tofollow its decision, as they are final and over.At next level tribunal is again divided into two segments. They are:Civil law: This court deals with day to day issues occur in businesses and offices. Thesedisputes are settled with some compensation or payment of loss. In case of any consumerdissatisfaction or product or services not up to the mark then consumer can file its petition incivil court. Civil court is also divided into two parts: Statutory law: Disputes related to consumer and distributors are covered under it. Non-Statutory law : In this, the acts that are considered as wrongful, nuinsance and is also notgoing as per contract is covered. 1

Illustration 1: Hierarchy of English law(Source:- Hierarchical structure of English structure, 2017)Criminal Law :- This law is applied when an individual does any kind of crime which is againstthe society. In this case basically, criminal lawyers are hired who takes the case and does allkinds of interrogation and applies the criminal law in order to punish the criminal (Crane andMatten, 2016). Crimes can be of any kind like Murder, kidnapping, honour killing etc. Sources of Law: It means from where the law is originated. It basically mentions therules, regulations, beliefs associated with the law and which was amended by English Legalsystem. Along with this, the another motive that can be achieved by knowing the source of law isthe reason because of which the act was introduced as it is believed that there is story behindintroduction of each and every law. So, various sources of law are as follows :-Statutes – It includes those acts that are brought by the members of parliament so as totake care of overall society. The parties that are included in this are the Judicial bodiesfrom UK legislature assembly and parliament as well. One of the law that was brought upfor the people living in society are like 'Employment Right Act', 'Equality act' etc. Customs – It includes the rules and regulations that are made by the government and which arerequired to be followed by everyone loving in the country (DiMatteo, 2010). It includes differentculture of people who have come from different religion. 2

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