Unit 7 Business Law - Legal System

Added on - 22 Nov 2020

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UnitNumberandTitleUnit 7Business LawTargeted LearningoutcomesLO1, LO2, LO3 and LO4ReferredPassMeritDistinctionUnit FinalGradeLearningOutcomesFeedbackGradesawardedLO 1LO 2LO 3LO 4Guidance for improvement / Action Plan / General commentsDate project marked:__________________________
Business Law
Table of ContentsINTRODUCTION..........................................................................................................................1MAIN BODY...................................................................................................................................1LO1Discription about the legal system of United Kingdom..................................................1LO2 What are the potential impact of law on any of the business organisation....................2LO3 Detail description about various kind of organisation...................................................4LO4 Suggesting the suitable legal solution to resolve areas of dispute.................................6CONCLUSION...............................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONBusiness law is crucial for each and every business organisation for the purpose of givingand appropriate shape and size. The law and act which are framed in respect of business shouldbe followed through which overall economy of a country can be changed. It mainly deals in thedepartment of corporate sector. In order to achieve better outcome it is necessary governmentshould also formulate those policies which provides additional benefits to an organisation. Themain purpose ofthe written report isto enhance the knowledge on the topic of nature of the legalsystem along with the impact of law on business activities. The report will also examine thedifferent types of business organisation and what is the main importance of them. The endingsegment will relate about legal dispute and how they can be solved with the help of AlternativeDispute Resolution. In this file, all the advices and suggestions will be given to the Intern ofKANGO(K) so that they can being positive changes in their organisation.MAIN BODYLO1Discription about the legal system of United Kingdom.The English legal system was commenced when United kingdom uses to rule the worldand even at present all the activities in Great Britain are being carried by English Legal system.Its main objective is to focus that what are the area where changes are required for the purpose ofintroducing effective laws. The law which is start in UK should be followed in England, Wales,Northern Ireland and Scotland. Parliament's House is the only body that have authority tointroduce new law. Parliament is the sovereign body and no one can raise question about thelaws and regulation which are enforced. The legal system is further divided into two sub partsand they are Criminal law and Civil law (Adams, 2015). Criminal Law discusses about the topicwhere nature of crime is serious. It falls under the category of non bailable offence. For example:If A is the person who tried to kill B where his intention was to take revenge from him then itwill fall under the category of Criminal offence. Where as civil law is that law where nature ofcrime was no intention to hurt other person. This offence mainly falls under the category ofbailable offence. For example: There are two partners in the business M and N where intentionof N was to take the possession of business in which he can easily succeed which is one of thecivil crime.Sources of UK Law1
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