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Rules and Regulation of Business Law

   

Added on  2021-02-20

11 Pages3468 Words474 Views
BUSINESS LAW

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3TASK 2............................................................................................................................................5TASK 3............................................................................................................................................7TASK 4............................................................................................................................................7CONCLUSION ...............................................................................................................................8REFERENCES..............................................................................................................................10

INTRODUCTIONBusiness law are such laws which are designed to control the activities which is relatedto the business under Company's Law, 2006. The matters related to employment, insurancerelated issue, property aspects and other matter which are linked with business are to be regulatethrough rules and regulation. Thus, Business law rules are regulated in relation to formation ofcompany, managing their internal and external activities and also the rules in respect of dealingwith other business in legal form (Business Law and Regulation, 2019). Business law isgenerally imposed in context of activities which are related to civil and criminal offences. Inrelation to English Legal System the laws are implemented in respective of civil law andcriminal law. Thus, English law is established by the parliament and its legal norms andregulation are to be implemented around the country. Present report is based on K companywhich is engaged by large number of employees and also deal in delivering foods to theircustomers.Report will includes the various principles of the English legal system and also theproposed legislation implemented in business. It also includes the factors which the court candetermines in respect of employment. Further the report includes various types of businessorganisation which K can set up in company. Lastly the report ends with various aspects whichresulting in alternative of disputes to protect the interest of the employees in company. TASK 1In English Legal system various rules and regulation are to be imposed which comprisingof both civil law and criminal law. Theses law are mainly implemented for the companies,individual, groups and society to behave ethically in society (Reiss, 2017). K company had togive the training to their operating staff regarding various elements of the English legal systemand their effectiveness of choosing and changing in better perspective. The elements which iscovered under the English law are relating to:European Law: This is such law which works or imposed within the members of thecountry. The European law is implemented on all such factors such as economic, politicaland social. This law is mainly imposed if any such disputes arise in any of this factorsthan judgement and decision is to given by keeping the norms and rules of European law(Picciotto and Mayne, 2016). The effectiveness of this law is that it provides more

security to the society and also members had to behave within the set norms andstandards. Common Law: This is also known as unwritten laws which is mainly based onprecedents which is already raised in courts. In this law, the decision made by judges aresimilar to the previous judgement which they already made in previous cases. Thejudgement can be refer only when same suit in filed in courts and also the aspects whichis presented in court regarding that suit is same. In that cases court can refer the decisionof previous case and applied in the exiting case (Marson, Ferris and Kawalek, 2019 ). Theeffectiveness of this law is that same decision is given to the parties which is alreadygiven in previous cases. As fair judgement is made with both the parties regarding any ofthe disputes. . Statutory law: It is also known as statue law which is established by the parliament. Asvarious rights are carried by parliament such as creating a new law or amending theexisting laws. Thus, through the statue law it helps the judges to take effective decisionand also fair decision is being allotted to both the parties regarding any such disputes.The effectiveness of this elements is that the laws are amended due to changes in timeand also they motivates the people to behave ethically in society.Civil Law: It mean such laws which are mainly imposed on civil matters such as theft,infringement of any property or any other matter which does not carry the major crime(Chiu, 2017). In this, the punishment are to be implemented for less than 7 years or alsono decision is given in respective of life time imprisonment.Criminal Law: This law is mainly imposed in respect of any criminal activity committedin country. As the offences which are relevant to criminal activity are related to rape,murder or any activity under which the punishment imposed are strict (Willett andKoutsias, 2016). As criminal law are crucial for the accused as it results in facing thepunishment for more than 7 years or life time imprisonment. As it is examined that to bring any laws in country is not easy as lot of formalities andapproval is required to implement such laws. Thus, the procedure is determined in respective ofestablishing law is that firstly public authorises examining the changes and issue which is raisedin country. After that they proposed the legislation in respect of bringing new laws regardingprotecting the country. Thus, bill is proposed to cabinet minister as without their approval bill

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