Business Law Assignment Report: Legal Solutions and Disputes Analysis

This report analyzes business law, focusing on legal solutions and dispute resolution within the business context. The report begins with an introduction to the concept of law and its importance in business. It then delves into three case studies that illustrate various business disputes, including employment contract issues, service failures, and financial difficulties leading to debt. The report explores different sources of legal advice, emphasizing the role of legislation and common law. Finally, it assesses the effectiveness of legal solutions, advice, and support in resolving disputes and maintaining a functional business environment. The report concludes by highlighting the importance of a robust legal system for effective business operations and economic stability, referencing relevant academic sources.

BUSINESS LAW

Table of Content
 Introduction
 Legal solutions for resolving business disputes
 Different sources of legal advise
 Effectiveness of legal solutions, legal advise and support
 Conclusion
 References

Introduction
Law is termed as the binding rules of the conduct that are
meant to enforce justice and prescribed duty or
obligation. It is termed as the system of rules that are
created and enforced through social or governmental
institutions to regulate behaviour.

Legal solutions for resolving
business disputes
CASE 1: Gordon who works as salesman in the Orange
Computers Ltd entered into employment contract of
receiving £10000 as salary and £11000 as commission
on sales. In 2015, due to competition market god
adversely affected and manager of the company ask
Gordon to forgo his salary for 2015, 2016 and 2017.

Cont...
CASE 2: Janet decided to call Virgin Media to arrange
the purchase and installation of the internet package
costing £35. The engineer arranged and installed the
internet but could not find the telephone point and
suggested to call his supervisor and come back. He
did not returned at all and after making few calls and
e-mails it was fixed after 3 weeks.

Cont...
CASE 3: Blackhorse Limited is a security company
providing security services to businesses. From the
four major clients of the company largest failed
leaving Blackhorse limited in bed debts of £100000.
This caused reduction in the cash flow and leads to
stretching the due dates. Creditors issued a winding
up petition for non payment of the amount due.

Different sources of legal advise
There are different sources that provides legal advices
on variety of subjects. It is vital to follow the advices
given by these sources as it helps in providing
appropriate direction. Legislation is based on the
rules made by the parliament and common law
through which helps in providing advices based on
the previous judgements.

Effectiveness of legal solutions,
legal advise and support
When business activities are performed in the
organisation on continuous basis then it leads to rise
in disputes in various parties involved in performing
various activities. To work effectively disputes needs
to be resolved on time and these disputes must be
solved in a manner that no party gets suffered.

Conclusion
From the above project report it has been concluded that
a effective legal system is essential to run economy
of a country in effective manner. Laws, rules and
regulations are required to establish effective legal
system in the country.

References
 Miller, S. K., 2013. The best of both worlds:
Default fiduciary duties and contractual freedom
in alternative business entities. J. Corp. L. 39.
p.295.
 Lloyd, I., 2017. Information technology law.
Oxford University Press.

Thank You