Explaining Different Sources and Role of Government in Law-making in Business Law

Business Law

INTRODUCTION
Business law are based upon those laws that has been used in order to make business
organization form as per legal structure within country. This is based upon various legal
perspectives which helps in making government of country protect its project culture. Also the
law has been dealing with more effective working which make goals and objectives achieved
more effectively within business organization. These laws ensure that organization performing
business activities makes organizations achieve full perseverance which makes goals and
objectives achieved in more impactful manner. Business law makes various task of business
organization done with more ease and help them in attaining stability with growth. Scope of
these laws are wider as the affect business functions directly. Nature is dynamic as they have
tendency to impact business organizations in both internal and external manner. The file covers
sources of law, role of government in law making and various business organizations has been
explained in first task. In second task Alternate dispute resolution process with legal solutions is
covered.
TASK
P1 Explain different sources of law
Laws means those rules which is used in order to make action taken regarding activities
that has been conducted within society. Also they have set legislation formed with laws making
organizations work as per factors which impacts peace of society. Laws are created through
various kinds of sources which are of primary and secondary nature making development of
knowledge about particular legal aspect with legal elements of society. These sources are based
upon two important factors which are given as follows with proper explanation:
Primary sources: These are very first source that has been used in order to make
knowledge attained about various aspects helps in law making possible. They have been
explained as follows:
 Legislations: Legislation means those legislation that has helped in making laws related
over aspects which exists within society(Uniyal, and Sharma, 2018). This is most
important source which makes law formation done effectively.