Business Law Report: Legislation, Sources, and Delegated Legislation

This report provides an overview of business law, focusing on legislation and delegated legislation within the UK legal framework. It begins by defining business law and its importance in the formation and operation of businesses. The report then outlines the concept of legislation, including the role of local, state, and national legislatures in creating laws, along with delegated legislation, which is passed through the Act of Parliament via ministers and delegated persons. The report further discusses the process of law-making, including the first and second readings in the House of Commons, along with the controls on delegated legislation. Finally, the report concludes by emphasizing the significance of business laws in ensuring proper business formation and operation, and how parliament and judiciary controls delegated legislation. The references used are also mentioned in the report.

Business Law

Table of Content
 Introduction
 Task1(outline)
 Task2(sources of law detail discussion)
 Conclusion
 References

Introduction
Business laws are the laws that has been formed
which makes business organization to be
formed in appropriate manner possible. These
laws deals over forming of rules and regulation
which makes smooth functioning of organization
possible. Such laws are also known as corporate
or commercial laws which operates in relation to
both public and private business organizations.

Task 1(outline)
Legislation
Legislation means preparing or enacting laws which is done by
local, state or national legislatures. In other sense it means
forming of various ordinances and rules which give birth to
regulation that helps administrative agencies to exercise
there power in appropriate manner with directions of law.

Task 1(outline)
Delegated Legislation
Delegated legislation are the laws that has been passed through
the Act of Parliament through ministers and delegated
person. This is secondary source of law which means when
a power is been assigned to sub -body as per rules
prescribed under Act related to parliament. These are
related over statutory instrument and is in written form
related to parliamentary scrutiny.

Task 2(Sources of law detail discussion)
The first reading: In this process only idea that has to be
presented in the form of draft by the government. At this
stage only the bill is been presented and law is been told
that has to become permanent within UK.
The second reading: Under the stage detail discussion is been
done within House of Commons over the draft that has been
presented and then voting is been done in relation to idea
that has been put in the form of drafted bill.

Task 2(Sources of law
detail discussion)
Delegated Legislation
Delegated legislation is been controlled by both
parliament and judiciary. In this affirmative
resolution process is been followed. In this
legislations formed must be approved by both
the houses of parliament. Also voting should be
done upon it for making it permanent law. Only
an gesture is been presented by house of Lords
over concerns in legislation. Judicial control is
making delegated legislation which exercises
power of judicial review.

Conclusion
From the above discussion it is clear that business laws are one
of the most important law that has been formed in order to
make business organization to be formed in proper manner.
Further legislation has been discussed upon which is related
to power that has been given to executive over forming
laws.

References
Bird, R.C. and Brown, L., 2018. The United Kingdom right to
request as a model for flexible work in the European
Union. American Business Law Journal. 55(1). pp.53-
115.
Claassen, R. and Gerbrandy, A., 2018. Doing good together:
Competition law and the political legitimacy of interfirm
cooperation. Business Ethics Quarterly. 28(4). pp.401-
425.

Thank You