Business Law: Introduction, Sources, Role of Government, Hierarchy of Courts

This presentation provides an overview of business law, including its introduction, sources, role of government, and hierarchy of courts. It explains the importance of law in maintaining order in society and discusses the basics of contract law and alternative dispute resolutions. The presentation also covers the statutory law in the United Kingdom and its application in real-life scenarios. References are provided for further reading.

BUSINESS LAW
LO1&4

Content
 Introduction
 What is law
 Sources of Law
 Role of government in law making
 Hierarchy of courts
 Introduction to statutory laws
 Contract and its elements
 Alternative Resolutions


Introduction
Business laws are the laws that has been helping in
forming of an business organization in appropriate
manner possible. Such laws provides a framework
which gives concrete structure within which rules are
being provided for an business organization to perform
its activities in smoother and faster way. These laws
provides step by step procedure and solves issues
emerging in business. .

What is Law
Law is one of the most important factor that is
presented within society and has been help in
maintaining of law and order in society. These are
also known as those set of rules and regulation which
makes controlling of various kinds of crime taking
place in society.

Sources of law
Statutory Law: In this various kinds of amendments
and newly formed laws are being covered. In UK
highest authority that has been given power to from
laws. In this proper procedure is being followed for
making a bill turned into law. It is the duty of
parliament to have proper discussion over bill.
Common law: These are the laws that are based over
an landmark judgement that is being passed by a
court in particular case. In this an report format is
being prepared which consists of summary regarding
case judgement

Role of government in law making
Government has very important role to play in an organization. These
laws are being amended in very important manner and by following
proper procedure that has been given under constitution. Parliament
is the supreme authority.

Role of government in law making
First reading: This is the first step under which bill is
only presented and the name of the bill is being told
to members.
Second reading: Further in second stage detail
discussion is done over bill that has been presented.
All the major and main elements of the bills is been
discussed and voting is being done over the bill.
Committee stage: Detailed line-by-line scrutiny of the
text with amendments is being suggested. Members
start at the front of the bill and work through to the
end..

HIERARCHY OF LAW COURTS IN
UNITED KINGDOM
Legal system of UK is based over various kinds of laws
which has been formed in order to protect society
form various kinds of crime that has been taking
place in an country like UK. In these two crimes are
common that is civil and criminal. In civil law an
individual who has committed a wrong is being
punished. In criminal society at large or an act done
to harm public is being covered

Contract law
Contract laws are those kind of laws that has been made
formed in order to make sure that all rights and duties
is being governed by the parties willing to come into
contract. An contract legally enforceable only when
its meets requirement that has been mentioned within
contract laws. Contract can be based over exchange
of goods, services, money or promise that is made by
both parties to each other.

Elements of Contract
Offer: In this an idea is being presented to another
party for forming an contract. This is only required to
present contract formation.
Acceptance: This means when an offer is accepted by
parties willing to come into contract. In this idea
presented is discussed.
Consideration: Under it all guidelines related to
contract is being covered and discussed by two
parties. It is considered to be one of the most
important part of contract.

HIERARCHY OF LAW COURTS IN
UNITED KINGDOM

Introduction to Statutory Law
Statute laws: These are the laws that has been formed
in written manner or through amendment. Such laws
exists in the books of laws and has been amended by
government that has been helping in dealing with
various situations that or cases presented in front of
court. Laws of these kind are of concreted in nature
and has been used by the courts in case of
emergency.

Introduction to Statutory Law
For example Sheron has come into contract with Ben
for supplying him 10 rolls of cotton. Both the parties
have agreed the deal to be done for 10000 euro per
roll. After some time Ben violated the contract by
selling roll to another party. As contract formed
between Sheron and Ben contains a obligation that no
parties sell rolls to third party without each other's
consent. Sheron files case of breach of contract
against Ben.

ALTERNATIVE RESOLUTIONS
There are various kinds of methods that exists within legal system to
generated legal solution over a basic problem. These advices are as
follows:
Legal advice: In this parties concern to an legal personal who is been
given responsibility under the law. The legal personal hears all facts
that is related to case and then gives solution over the case and what
has to be done in it.
Legal solution: It means an client visit to a lawyer or any other legal
personal who look into the matter and then provide them solution
over it.

ALTERNATIVE RESOLUTIONS
In this case Health and Safety at work act 1974 is one
of the most primary piece of legislation covering
occupational health and safety in Great Britain. In
this duties of employers towards employees that
makes as member of public. Employees have to save
themselves to each other. Certain pre-employment
towards themselves and others.

ALTERNATIVE RESOLUTIONS
Arbitration: This is one of the most commonly used
mode for solving an dispute existing between two
parties. In this an arbitrator is being hired by the
parties and then matter is being seen in the special
court or arbitration court. Both parties are being
heard by the arbitrator and then only judgement is
being passed by him. This judgement is required to
be followed by both parties. It has been proven to be
one of the most trustable form of method present
under ADR.

CONCLUSION
From the above discussion it is clear that business laws
are the laws that is being used for making an
organization established in legal way. Further in this
file basics of law has been discussed and sources is
been covered. Also laws making process of UK is
being explained with the steps followed in it. Then
legal system and courts has been explained. Then
Alternate Dispute Resolution system has been
explained.

References
Abedi, G. and Abedini, E., 2017. Prioritizing of
marketing mix elements effects on patients’
tendency to the hospital using analytic
hierarchy process. International Journal of
Healthcare Management. 10(1). pp.34-41.
.

Thank You