This report provides a detailed overview of business law, beginning with an introduction to the legal system and its various sources, including primary and secondary sources such as case law, legislation, and legal publications. It then explores the role of government in law-making, differentiating between statutory and common law and their application in justice courts. The report evaluates the effectiveness of the UK legal system, highlighting recent reforms and developments. It illustrates the potential impact of company, employment, and contract law on business operations using specific examples. The report differentiates between legislation, regulations, and standards to analyze their impact on businesses, followed by an evaluation of the legal system. It explains the legal formation of different business organizations, comparing the advantages and disadvantages of incorporated and unincorporated structures. Furthermore, the report presents case studies in contract, employment, and company law, providing salient legal points and suggesting appropriate legal solutions with justifications, comparing the effectiveness of the recommendations and evaluating the use of appropriate legal solutions. The report concludes with a summary of the key findings.
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