The Legal Framework and Legal Solutions - Assignment
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Added on 2021-02-18
The Legal Framework and Legal Solutions - Assignment
Added on 2021-02-18
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THE LEGAL FRAMEWORKAND LEGAL SOLUTIONS1
Table of ContentsINTRODUCTION..............................................................................................................................3LO 1 ...................................................................................................................................................3P1. Various sources of law required by organisation.....................................................................3M1. Effectiveness of legal system and its problem with various sources......................................4P2. Role of government in law making and common and statutory laws applied in courts..........4LO 2....................................................................................................................................................5P3. Impact of Employment law and Contract law on business......................................................5M2 Analyse and differentiate impacts of regulations, legislations and standards.........................6LO 3....................................................................................................................................................6P4 Solutions for business problems...............................................................................................6M3 Positive and negative impacts of business solutions...............................................................7P5 Justifications for the use of appropriate legal solution.............................................................8LO 4....................................................................................................................................................9P6 Solutions based on country's legal system or different framework..........................................9M4 Compare effectiveness of legal solutions................................................................................9CONCLUSION:...............................................................................................................................10REFERENCES:................................................................................................................................112
INTRODUCTIONLegal Solutions and Framework is based on various laws like employment law, contractlaw, English which Business Futures Ltd. Has to face to help foreign delegates. Laws includingredundancies and mass lay-offs, employment relationships, currency incentives and regulationsand related liabilities and restrictions (Ashworth and Perera, 2018). It provides overview onEnglish Legal system, terminology, nature of business agreement and aspects required to bind it. Itmainly describes consumer law and its impact on the business operations. There is explanation oncountry's legal system or framework as well as pros and cons of laws in it. There is summary ontax residency, taxation, trademarks, unregistered and registered designs. LO 1P1. Various sources of law required by organisationMajor function of law maintains basic structure of community with listed the behaviouralaspects. There is penalty, warnings or punishment on violation on these aspects. Three main typesof English laws are Common Law, Legislation and EU Law. It is applied under the legal power ofWales and England. Legislative structure of UK is further divided into primary legislation andsecondary legislation. Primary legislation includes local and personal, public, church assembly actand its measures. This legislation is almost similar to the parliament of Scotland or Ireland'sassembly. Secondary legislation can be easily issued by the delegates of parliament. Public Act isof two types old and modern acts. Royal permission is required to successfully pass this act through parliament. Housing Act1963 and Transport Act 2000 are included in this one. While Local and personal both are privateacts. Benefits regarding organizational matter, grants of citizenship, divorce, etc. are involved inthis system (Bain and Taylor, 2017). Representative of primary legislative authority formsecondary legislation. It includes national Assembly of Wales Act 1973, Warranty and RegulationActs as well as Territorial Acts. Common laws are popular and look similar to case laws. Majordifference arise due to its source system. Civil laws have constant updating process and haveEuropean background while common laws' origin lies in writs of medieval England. Europeanframework is saturated with Roman laws and arrive from countries with civil coding. Business futures Ltd in the UK has to face some major factors which consist of corporateculture, validity of organization and much more. First law states that it has to follow Companies3
Act 2006 which is the transformation of companies Act 1985. It mainly deals with corporationtaxes, structure of private and public companies, director duties and internal laws of employees.On the other hand, insolvency act 1986 describes trustee, administration, transactions, bankruptcyand voluntary situations. Corporate law defines corporate culture of Business Futures Ltd. andprovides details of corporate finance as well as governance. While there are some acts whichidentify the relationship with shareholders, stakeholders, salary structure, performance level ofcompanies and its position (Banks, Hendrix, Hickman and Kyckelhahn, 2016). Some civil likepartnership act 1890 and pension act 1995 define the structure of company.M1. Effectiveness of legal system and its problem with various sourcesLegal system has been very effective for organisation as well as functioning and rights ofemployees are protected. They expect decisions from court if any infringement of law by powerfulbodies take place. On the basis of judgement and working performance of judicial officers is beingjudged. From 18th and 19th century, parliament has become more powerful. It resolves disputes andlays down precedents. But Business Future has to face difficulty when court issues some rights forconsumers and then it has to be properly followed by organization. Equity and societal principleswere issued under English law but there are limitations like punishing a defendant is not consistentand predictable.P2. Role of government in law making and common and statutory laws applied in courtsGovernment of UK plays the major role in law making. It lists amendments recommendedby specified members which are further negotiated when committee sets a meeting and report isformed. Each and every amendment is in order in 'marshalled list' that influence text of the bill.This goes through different stages in which bill firstly arrives and main discussion goes on bill.After that, changes are proposed by the committee and analysis of text is done. In third reading,final approval of amendments are made and voting of each change is done. Finally, bill is passedby the Queen and it becomes an Act of Parliament (Barkan, Bintliff and Whisner, 2015). Thesebills are either passed in House of Commons or House of Lords which is signed by the RoyalAssent. Common Laws: Common laws influence judge in the court and has constant improvingstructure. Judgement is made as per the cases and done through legal documentation. Decision oflegal precedence is done under the jurisdiction of case law which has common structure. Criminal4
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