Unit 7 Business Law-Assignment Solution (GC0162)
Table of Contents
Introduction.
Task1 (LO1)
Task 2 (LO2)
Task 3 (LO3)
Task4 (LO4)
Conclusion
References
Introduction
In this assignment; the law of a city is described. A Belgium client has not any information about the rules and regulations of the UK. For this reason; the study gives information to the Belgian client about the laws of the UK. Firstly; this assignment paper identifies the sources of UK laws as well as evaluates the importance of law on the functions of business firms. Secondly; this assignment paper identifies the process of making government laws as well as mentions the application process of laws within the country. Thirdly; this assignment paper mentions and describes various types of commercial or business rules and regulations as well as the impact of these on the performance of the firm. Finally; this assignment paper compares the UK legal system with other country’s legal systems on the basis of arbitration and business organization.
Task1 (LO1)
According to Adams (2016), UK law sources are mainly classified as primary and secondary sources. According to Jones (2015), the primary sources include European laws in the UK, legislation enacted parliament, case law made by the courts. The secondary sources comprise law journals, parliamentary documents, non-parliamentary documents, legal encyclopedias, and textbooks.
Case (common) law
Case law is imposed by courts that are published as a law report. This is the fundamental and primary source of UK law. Reliable law reports show the validity of the law. According to Simon and Gillian (2015), a reliable case involves issues, facts, legal principles and those are the base for judgment. The main features of laws in the UK are the doctrine of judicial precedents. In this case, the decisions made by courts are reported as the laws for the judges to make the decision in the future. The decisions of the superior courts have to be followed by the judge of the UK and don’t have to follow the decisions of the inferior courts. According to Jones, (2015), law reports of the UK are published or delivered in a series of chancery division, family, Queen’s Bench, and appeal cases.
Legislations
UK parliament is the key authority of making any law because it has the supreme power of imposing and enacting any laws. The laws that are enacted and imposed by parliament are more powerful than any other kind of law. Every year hundreds of proposals are made and only a few proposals are passed or enacted in the parliament. The legislation of the UK is termed as primary legislation and delegated legislation (Parliament.uk, 2019). According to Simon and Gillian, (2015) Primary legislation refers to the act of the law in the specific field. These legislations are referred to as public acts, Privy Council, church assembly, local and personal acts, and the church of UK measures. On the other hand, delegated legislation is the statutory legislation that is created under powers that are governed by the authority of parliament. According to Simon and Gillian, (2015), these are termed as territorial acts, a national assembly of Wales’s acts, and warranty and regulation acts.
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European law
Court of Justice of the European Union is the other source of laws in the UK. According to Macintyre (2015), the domestic laws have no authority on the European laws, thus the UK parliament has to adopt the rulings of justice of the European Union. For example, the decision regarding the voting right of prisoners. Simon and Gillian (2015) said that European laws ensure equal and fair treat the population of the EU.
Legal encyclopedias
A legal encyclopedia is a point for the beginners from where the research can be started and operated. This provides the key points, legislations, and cases of the law. According to Simon and Gillian, (2015), the legal encyclopedia also gives an effective narrative statement of UK laws. The encyclopedia includes laws of different cultures and regions from different countries around the globe.
Parliamentary and non-parliamentary publication
According to Atiyah (2013), the authorities have to understand the structure and background of single legislation about the particular law. According to Simon and Gillian, (2015), the information regarding the background of every law is published in different sources including House of Lords papers, House of Commons paper, command papers, as well as debates of parliament.
Law commission
According to Simon and Gillian (2015), the law commission has some instinct activities that are to review and recommend for reforming the existing laws as needed. According to Simon and Gillian, (2015), the law commission consults with the public outside the law and the stakeholders who are interested in the area of a particular law. According to the information availed from various sources, law commission reports to the Lord Chancellor……….
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