Legal Framework and Legal Solutions
Added on 2020-10-22
10 Pages3075 Words498 Views
The Legal Framework and Legal Solutions
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................4Lo1 ..................................................................................................................................................41. Different sources of law .......................................................................................................4Role of legal authority in law making ........................................................................................5Lo 2.................................................................................................................................................52. Difference between self- employed and employed.................................................................5Duties of employer towards employee........................................................................................5Impact of employment law on business......................................................................................6Lo 3 .................................................................................................................................................63. Recommending business solution...........................................................................................6Role of officer in an organisation and methods of raising capital..............................................7Lo 4..................................................................................................................................................84. Drafting the arbitration clause ................................................................................................8Sources of obtaining legal advice..............................................................................................9Principle problems with the sources of legal advice ..................................................................9CONCLUSION ...............................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONLegal framework consists of various laws as well as regulation which are required bycompanies to follow. It is very much important for a business owner to establish or run businessas per the norms. As executing the business in ethical manner will help an enterprise in creasingthe sustainability as well as eliminating the chances of legal obligation. Legal framework in thenation consists of set of documents which includes the constitution, legislation, regulations, andcontracts. The purpose of legislative system is to provide an organisation with effective legalsolutions to the various business problems. In addition to this formulation of law is important inorder to ensure that business needs of several industries are met. The objective of present report is to develop the understanding about legal framework. Italso has emphasis on identifying the norms which are required to be followed by an enterprise incontext of potato council.Lo1 1. Different sources of law There are some legislation which are required to be followed by an organisation. Eachand every laws in English legal system has been originated from different sources. The UKconstitution comprises a variety of sources, some of which are written Like statutes and othersas constitutional conventions, which are unwritten .Such as The primary source of employment legislation is Statues which has been originated fromact of parliament and set of regulation which are issued by ministries under the Act legislation .Some norms incidental to termination of contract, trust and tort are the crucial element ofemployment Law (Bowie, 2017). The important employment legislation statues are Equal payact, Employment relation Act, disability discrimination, Human right Act etc. The root or origin of company law are Statues and case law. These are the normsaffiliated to company operating business in England and Wales. The various act that comesunder the company law are Insolvency as well as financial services act. Few laws related toemployment governed by common norms in which the decisions which are made on the basis ofjudgement passed in other similar law suits by magistrateIn addition to the above laws Convention of human right which has been resulted fromthe influence of several norms in European legislative system.
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