This report, prepared for Unit 7 Business Law, provides a comprehensive overview of the English legal system and its impact on businesses. It begins by identifying the different sources of law, including case law, legislation, law journals, and legal textbooks, and then delves into the role of the government in law-making, including the stages of a bill's passage through Parliament. The report then explores the implications of company law, employment law, and contract law for businesses, emphasizing the importance of these areas for ensuring fair practices and compliance. It also discusses the role of local communities in judgments and recent legal reforms, as well as the legal system's structure, hierarchy of courts, and the differences between legislation, regulations, and standards. The report concludes by summarizing the key takeaways and providing a list of references.