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Critical Evaluation of Legal System and Law in Business

   

Added on  2023-01-09

8 Pages1137 Words26 Views
Business law
Critical Evaluation of Legal System and Law in Business_1
Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Critical evaluation of legal system and law.................................................................................3
Different sources of law...............................................................................................................3
Roles of government in making law along with its application in the justice court....................4
Explore how different types of business organisations are legally formed along with
advantages and disadvantages of the formation..........................................................................4
REFERENCES................................................................................................................................6
Critical Evaluation of Legal System and Law in Business_2
INTRODUCTION
Business law have been referring as the significant aspects in order to run the business as it is
helpful in keeping the business activities safe and secures in order to accomplish the goals in the
efficient manner (Bell, 2018). The present study will have the discussion of various sources of
making law which have the clear aim decreasing the illegal activities such as frauds, crimes and
making a safe country. Lastly, it will discuss formation methods of different types of
organizations like partnership, company etc.
MAIN BODY
Critical evaluation of legal system and law
This have the system with proper consistency of the several rules and regulations. This is
important to keep themselves safety against the any level of legal action and lawsuit for the
business, every country have he own legal stems and rules in differ manners which is need to be
followed by the peoples of that countries. In the context of UK, have the consisting of the 4
countries that’s is England, Scotland, Wales and Northern Ireland. O the other hand, there are
some laws replicable with slight variation (Bishop, 2019). As the consideration of the
example’s European convention of human rights as in the year of 1998 it became and passed in
the UK via which the European convention of human rights was incorporated. In contradiction,
there have been comprising of 2 separate house which are The House of Lords and the house of
common which help in the formation of the separate legal houses and government imposed the
different state activities.
Different sources of law
There are several laws which have protecting the peoples and different business activities
against any type of lawsuit and illegal activities.
Human right law: This have been developed and imposed in manner of protecting the right of
consumer. as the people of country have the right to protect themselves against any legal
activities such as against fraud, crimes or any type of illegal acts.
Legislation: This is among the import law created by legislature in order to gives the rights or
order to create the laws the legal systems have House of Lord and House of common are known
as important 2 parties which have the power to pass to being apply 2 parties (Curto, 2018).
There is approximates 8000 members in the house of lords. Have the responsibility to have right
in tasking participations in developing the laws in perfect manner.
3
Critical Evaluation of Legal System and Law in Business_3

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