Business Law: Examining Impact of Employment, Company, Contract Law

This report provides a comprehensive analysis of business law, focusing on the impact of various laws such as employment, company, and contract law on business operations in the UK. It examines different sources of law, including legislation, European law, case law, and the European Convention of Human Rights, and discusses the role of the government in law-making and the application of statutory and common law in justice courts. The report also evaluates the effectiveness of the legal system in terms of recent reforms and developments, including the use of information technology. Furthermore, it explores different types of business organizations, their legal formations, management, and funding, along with the advantages and disadvantages of each. The report concludes by analyzing legal solutions for resolving disputes and providing recommendations for legal advice and support, highlighting the effectiveness of these recommendations in resolving business-related legal issues. Desklib offers this document and many others as study aids for students.

BUSINESS LAW

Table of Contents
INTRODUCTION...........................................................................................................................3
PART-1............................................................................................................................................3
Different sources of laws.............................................................................................................3
Role of government in law making and applicable of statutory law and common law...............5
Effectiveness of legal system in terms of recent reforms and developments..............................6
Illustrating how employment, company and contract law has a potential impact on the business
......................................................................................................................................................7
Analysing the potential impact of differentiation between legislations, standards and
regulations on the business..........................................................................................................9
PART-2..........................................................................................................................................10
Analysis and application of employment laws .........................................................................10
Different types of business organizations legally formed .........................................................10
Legal formations of each case ...................................................................................................11
Explaining business organizations managed and funded ..........................................................12
Analysing the advantages and disadvantages of the formation of different types of business
organizations .............................................................................................................................12
Legal solutions for resolving a range of disputes by using examples .......................................13
Appropriate legal solution to each of the problems mentioned in the cases .............................14
Justification for the solution and advice given..........................................................................15
Different sources of legal advice and support for dispute resolution to make recommendations
to legal solutions .......................................................................................................................16
Effectiveness of the recommendations .....................................................................................17
CONCLUSION..............................................................................................................................18
REFERENCES................................................................................................................................1

INTRODUCTION
Business law refers to commercial or corporate law which states that it is the law which is
applicable over relations, rights and conduct of persons as well as business engaged in
merchandising, trade and commerce. The aim or purpose of business law drive through putting
business and law altogether in business practices if they are running or working for people its is
running.
In this report it will evaluate the same measures regarding with business laws, it will be
discussing different sources of laws as such explaining role of government in law forming. Also,
how common and statutory laws are applicable in justice courts. Apart from this it would be
analysing briefly with the help of suitable examples stating how company, employment and
contract laws creates potential impact over business practices. In similar way it would discuss
about impact on business via differentiations among legislation, standards and regulations. In
part 2 it would be discussing about various measures that shows how various type of business
organizations can be legally formed. Also, it will explain how business organizations are
effectively managed and funded. At the end of this it would compare and contrast various
sources of legal advice as well as support for dispute resolutions.
PART-1
Different sources of laws
Sources of laws are the major origins of laws in which binding rules enables any state to
govern its territory. Also, the term “source of law” indicates sovereign and seat of power through
which law derives the validity (Serrano Archimi and et.al., 2018). In civil law methods, sources
of laws consist with legal codes like civil code and criminal code and custom as well. Whereas in
common law systems it includes different types of sources which comply to formulate law. Civil
law systems frequently absorbs ideas from common law and son on. A state can also reform with
international law, and it might have some written and federal constitutions as such having
regional legislature, but normally it is central national legislature which is eventual source of
law. For determining law it is essential to know about sources from where it is being derived.
There are different types of laws in UK. Despite being one of various sources, statute law is
most significant source of UK constitutions, it is the law through which major constitutional
reforms are build. The different kind of hierarchy of sources are as follows:
 Legislation

 European law
 Case law
 European convention of human rights
International treaties and European community laws are part of international sources.
International treaties shows that government might sign international conventions as well as
treaties but normally it becomes binding only when they are sanctioned. On the other hand
European community law, European union is the perfect example to international law as such
European nations which joins EU adapt with all EC law to date which are likely to be known as
treaty provisions, directives, regulations and precedents.
Legislation -
This is also referred to statute law in which term is applicable to country written law.
Legislation is also regarded to be the most significant source of law. The most common source of
legislation are constitutions, each and every country specific legal system has their own sources
of law for such systems which enact constitutions and the constitutions are fundamental terms of
law. According to UK legislation it usually drives to acts of parliament but in huge range it also
includes law which is formed under powers given by act of parliament.
Case law -
These laws are judge made laws and it is primary sources of law which forms doctrine of
precedent in English legal system, as published in law reports. In law reports judgements are
usually reported over several laws reports, when citing such reports in court it is mandatory to
cite most authoritative version of report. On the other hand there are unreported cases are those
in which cases generally do not appear in single law report series. It has only very small
percentage of case that are reported to be law reports as resulting in being immense amount of
unreported cases. The transcripts of judgements and case notes for unreported cases are freely
available on court portals. The official writing in cases are also available with legal databases.
European law -
It is system of law in which it is specific to 28 members of union, the system overrules
national law of each member country if there are some concerns among national law and
European law. For instance, European law is sovereign over national law of European member
countries which means it will direct impact over national legal systems. Furthermore, this law is

tended to be interpreted as well as enforced by cooperation of EU courts likely to be European
court of justice and court of EU member countries.
European convention of human rights -
ECHR serves to protect human rights of peoples in countries which belongs to council of
Europe, while all 47 member state of council including UK signed such convention (Baruch and
Rousseau, 2019). It is referred as convention for protecting fundamental freedom and protection
of human rights.
Role of government in law making and applicable of statutory law and common law
The role of government is in higher extent as such ministers of government adopt with
developing new norms and laws for the approval of making legal impact on policies. This is long
and slow working process due to proposed law of ruling party is debated as well as negotiated
within several parties. Business world has become very challenging and complicated, as staying
up with proper preparations and managerial process is crucial to get better understanding about
business law. While for responsible citizen of independent country it is essential to know about
rules and regulations. Government and parliamentary structures reflects to the various branches
of government that is crucial for making laws:
Ruling party provides vision, aim and direction -
In this stage major conferences policies are formed by ruling parties on the basis of
discussions and debates. In this way specific issues are concerned and party decides vision, aim
and direction of problem (Tajarloo and Moradi, 2020).
Policy is drawn by minister on issue -
In this process ruling party tries to transform official governmental policies, and minister
attempt to formulate new norms and laws for approval of legal impact over policies. This is slow
and long term process due to proposed law of ruling party is negotiated and debated in several
parties.
Finalizing policy -
After the overall discussions when argumentation is finalized through relevant
department and ministry issues as well as options are formulated in concluded policy published
as white paper. It refers to statement of attentive and detailed policy plan.
Passing law -

Departments and ministers are applicable to decide on new law to accomplish objectives
and implementing work on drafting new law. In the early stages before summing upm with new
law it is considered as draft bill.
Subordinate legislation and implementing laws and policy -
After by passing law through national parliament it state to become published. So
provincial ministries would be accountable to implement law everywhere. National and
provincial legislatures are basically local authorities that will pass subordinate legislation in new
original law.
Application of legislation and common law in justice courts
Common and statutory laws are utilized in most nations for justice purpose of justice to
be served, and importance of these laws are in higher extent. The law which are formed on the
basis of new decisions of judge in courts are public law and law that is issued with governmental
agencies are known as statutory laws. Common laws are generally used for building up the
further judgements in similar terms of justice courts. Whereas judgements of higher courts is
exploited as law to aid similar cases. With existing ordinary law there are no statutes so other
judges interpret existing law and identify new boundaries as well as distinctions for various court
procedures. Although opinions of high courts is becoming binding on future decisions of lower
courts, it aids in making judicial process relatively fast on the basis of established framework to
base ruling. In that case bad decisions made by high court forms the rules unwilling to overrule
past decisions in case of common laws.
Statutory laws are drawn for citizens to resolve their issues, and make law to solve their
purpose. It covers all the areas of law in which it is regulated by statutory entirely (Bocharov and
et.al., 2019). Also, there are some circumstances or cases in which common law is not
applicable, in that case statutory law is used. Judge interpret law following certain rules named
as golden, literal and mischief.
Effectiveness of legal system in terms of recent reforms and developments
Effective legal system is most essential to formulate the change in laws for better
development concern. Everyone is not rich and strong enough to access to legal systems and
relative states that such people can continue to hire lawyers to make their legal proceeding more
clear. So the developmental concerns are essential for ordinary people to access over justice and
further such access can be enhanced. It might be not that easy and it also requires strong

leadership from policy-makers and judiciary. Also, it is essential to require revisiting of some
decisions which is been taken for examine if impact has been totally negative, for example solid
increase in court fees.
Developments
Information and communication technology -
Investment in such practices is constantly being enormous and reflects to show lawyer
work, investments in technology in courts are pitifully slow. The use of IT service is too behind,
there is not a single reason which show why such practices cannot be formulated for access to
justice through enabling more people to perform own litigations and other services. Thus, use of
such practices can provide favourable support to files consist of informations require for dispute
resolutions (Durant, 2022). So the use of IT also enables judiciary to be more flexible, for
instance judge with housing law can identify cases remotely while having no need of specialist in
court.
Critical evaluation of legal system and law -
According to UK legal system England and Wales handles common law system that
comprises passing of legislation as it also seems to be creation of precedents by case law. Such
laws are introduced with the help passing of legislation via parliament that consists of monarch
known as House of lords and house of commons. There are three individual legal systems in UK,
one system is for England and Wales, northern Ireland and Scotland (Giles, Errickson and
Márquez-Grant, 2022). It states heir historical origins and fact that such countries retained own
law systems as well as traditions under Act of Union 1707 and 1800.
Illustrating how employment, company and contract law has a potential impact on the business
There are several types of laws which have a significant influence over the different
aspects of a business in the industry. These laws may benefit or deteriorate the effectiveness of a
business to produce better quality of output. The Companies Act 2006 is the company law which
is followed in UK by businesses which defines the requirements for distribution and preparation
of the financial reports and documents of a business. This law covers all the significant
amendments are duties which needs to be performed by the businesses for following their
corporate responsibilities in the industry.
The guidelines and statements included in this law has a negative impact as it creates
several restrictions on the businesses to operate freely in the business environment. It may affect

the businesses which may lead towards several changes in the decision making process in order
to fulfil the requirements of these laws effectively. Furthermore, businesses are also able to
execute their corporate governance which may have a positive influence by reducing the threat of
several issues on the businesses significantly.
The employment law of UK is designed in a way to protect the rights of employee in a
business environment as it imposes certain guidelines on the businesses which they need to
follow in order to manage their sustainability (Steinemann, 2018). A business environment free
from discrimination, biasses, unethical practices etc. must be adopted by a business in order to
remain relevant in the business environment. Obligations by employees related to these issues
may lead towards the defamation a business in the society which is inappropriate for their overall
growth and development in the industry significantly.
Employees are able to make a complain against these type of unfavourable practices
which are conducted by the organizations which is not suitable for the employees to manage
their work peacefully. Businesses have to keep a proper check of these activities in their business
environment for reducing the negative impact of several aspects on their organizational
performance and development. This may have a significant influence on the policies and
procedures which are decided by the businesses to follow in their business environment.
Contract laws includes the different agreements which are made by businesses with the
suppliers, customers or other businesses in order to provide or acquire services which are
beneficial for them to grow in the industry. Several transactions which are related with these
practices are considered under this law which is specifically designed for ensuring that
appropriate practices are followed by businesses. This law defines the relationship between two
parties which is highly crucial in order to remain relevant in the competitive business
environment in the industry.
The amendments in contract law has a crucial role for the organizational sustainability in
the environment. This may further motivate the businesses to follow their corporate social
responsibilities and enhance their market image. It is highly essential for reducing the negative
influence of certain factors on the overall success of the business in the industry. Following these
laws is essential for the businesses to enhance their organizational advantage in the industry.

Analysing the potential impact of differentiation between legislations, standards and regulations
on the business
Different regulations of the government related with the environmental, marketing,
employee related practices have a specific influence on the overall management of businesses in
the UK sector (Konstadinides and Karatzia, 2020). There are different areas and aspects which
are included in these regulations which needs to be followed by the organizations in order to
follow these regulations appropriately. These regulations restrict the organizations to cause harm,
to the environment or the people who are associated with them in the business. Regulations like
emissions of harmful gasses, fair environment for the employments, waste regularization etc. are
certain examples which are generally included in these regulations by the governments for the
businesses.
These regulations have a positive as well as negative influence on the overall success of
the businesses in the industry which is highly significant for them to achieve better quality of
output in the industry. Several changes in the businesses processes are initiated by companies for
providing better aid for their overall improvement. These aspects are crucial for increasing the
success of the businesses to control the impact of several challenges on their business
environment significantly.
Legal requirements which are demanded by several legislations developed by businesses
has a significant influence on the operational capability of the businesses in the industry. These
may increase the expenses of businesses which is not suitable for them to manage their
effectiveness. The health and safety, environmental, employment etc (Bove, 2022). legislations
are developed in order to maintain uniformity in the business operations which needs to be
considered by the businesses. By following these aspects, businesses are able to enhance the
experience of the members in their organization which is highly crucial for them to achieve
success in the industry.
Standards play a vital role in defining the key aspects which are crucial for the
organization to enhance rhetor business processes and cut extra costs which has a negative
impact on their profitability ion the industry. These standards are useful for providing better
customer satisfaction which is necessary for the organizations to improve their relationship with
them. Further, it positively impacts on the sales of these businesses as the customers are attracted
by the quality of services which are provided by these businesses to them on a regular basis.

These standards are crucial in reducing the cost of production of the companies as appropriate
strategies are adopted by these businesses to reduce the negative impact on their productivity in
the industry (Kousha, Thelwall and Abdoli, 2021). It is highly significant for these businesses to
grow and achieve better quality of output for establishing effectiveness in their results in the
industry.
PART-2
Analysis and application of employment laws
Employment law is the state and federal law which helps in protecting the worker’s rights
by promoting safe working environments and preventing discrimination at large scale. The
employment law helps in creating value and assigning the aspects related to how effectively the
employees are benefited from the laws which are being framed for providing the benefits to the
employees at large scale (Clayton and et.al., 2019). The application of employment laws is that
there are employment rights which are to be seized and this helps in indicating the concerns
related to employment and at large scale. The employment laws are beneficial for analysing the
concerns related to growth and development at large scale.
The employment laws are applicable in ensuring the concerns related to employees being
provided right to acknowledging their work at large scale (Shahabi and et.al., 2020). The analysis
and application of employment laws helps in understanding that how effectively the safe
working environments is provided to the employees and discrimination is removed at large scale
within the organization. There has been analysis of how effectively and in appropriate manner
the employment laws are framed for providing the concerns related to organizations effectively
following all the rules and regulations at large scale. Employment laws are important in
understanding and improving the industrial relations and helps in minimizing organizational
disputes.
Different types of business organizations legally formed
There are different types of business organizations which are legally formed are defined
and mentioned as –
Sole Proprietorship – It is an unincorporated business which is framed and is managed by an
individual on its own. It is run by one person and there is no legal restriction which is being
made (Di Vaio and et.al., 2021).

Partnership – Partnership is the arrangement between two people and form of business where
there is responsibility for managing the company and the business between two partners at large
scale.
Co - operative Societies – A co-operative society is a voluntary association of individuals who
collaborate together with the intention of working together at large scale. This helps in
promoting the economic interest of the individuals at large scale (Bansal and et.al., 2018).
These are the different types of business organizations which are legally formed at large
scale. This helps in analysing the perspectives related to effectively knowing and understanding
the importance of business organizations which are legally formed at large scale.
Legal formations of each case
There are different legal formations which are depicted and are identified in each case and
these are mentioned and are categorized as –
In the case of Gordon, it is a firm company which helps in analysing the perspectives
related to identifying that the business which Gordon is starting and has stated is being a
salesman in the Orange Computers Ltd Store. The business of Gordon is identified to have in
financial trouble at large scale (Golubtsov, 2021). This is the first legal form of each case which
has been identified and this helps in understanding the business of Gordon is related to the firm
which is its legal formation at large scale.
In the case of Janet, there is analysis which is related to related the concerns which are of
Janet and Virgin Media through which she is dealing with. Janet is concerned with the internet
installation and its purchase. The legal formation of the company which is Virgin Media is Joint
venture and this indicates the perspectives related to analysing the concerns of how the company
was framed at large scale.
In the case of Blackhorse Limited, there are aspects which are related and are concerned to
how the company is initiating and denoting the aspects of having 50 employees at large scale
(Sokyrynska, 2018). The type of formation which is legally maintained is denoted and is
considered as Limited Liability Partnership. It is a corporate business form which helps in giving
benefits related to flexibility of the partnership.

Explaining business organizations managed and funded
The different business organizations which are managed and funded are being addressed
and are concerned in appropriate manner and this helps in knowing the perspectives related to
organizations of businesses being managed and funded in significant manner. There are main
source of funding and these are – retained earnings, equity capital, debt capital etc (Garcia-
Garcia and et.al., 2020). The business organizations are managed and funded in appropriate
manner by maintaining the finances of the organizations at large scale. Businesses raise funds by
borrowing the debt privately from the bank or going in public which helps in analysing the
concerns related to growth and development at large scale. Companies use retained earnings
which are used in business operations which helps in expanding and distributing the dividends in
appropriate manner.
Therefore, it is very important to manage and fund the business organizations as these are
the major concerns which helps the business to grow and develop at large scale. This also helps
in understanding the aspects which are related to addressing and initiating the concerns related to
growth and development. This helps in stating the perspectives which are analysed to have the
major concerns contributing to growth and development and the finances to be managed and
funded at large scale (Golosova and Romanovs, 2018).
The business organizations when funded and managed properly helps in achieving the
goals and objectives at large scale. This defines the concerns related to having the perspectives of
identifying the concerns regarding the fulfilment of the objectives and goals at large scale. This
helps in defining the concerns regarding the perspectives to how effectively and in considerate
manner there are chances of establishment of the business in appropriate manner at large scale.
This is how effectively and in appropriate manner the businesses are able to seek the growth and
development at large scale.
Analysing the advantages and disadvantages of the formation of different types of business
organizations
There are different advantages and disadvantages of business organizations and these are
mentioned as –
Advantages of formation of different types of business organizations –