Business Law Report: Sources of Law, Company Formation, and Contracts

This report provides a comprehensive overview of UK business law, beginning with an introduction to the importance of legal frameworks in regulating business operations. The main body delves into the various sources of law, including legislation, common law, the European Union, and the European Convention of Human Rights. It explains the procedures involved in creating laws, differentiating between statutory and common law and their applications in courtrooms. The report further examines key areas of business law, such as company law, employment law, and contract law, providing concise explanations of each. It then explores the legal formation of different organizational structures, including sole proprietorships and partnerships. The report concludes with a discussion on managing and funding organizations. The document is a valuable resource for students and professionals seeking to understand the intricacies of UK business law, and it is available on Desklib, a platform offering past papers and solved assignments.