Hi, need to submit a 2000 words paper on the topic Business Law in the UK. much of the way business In the U.K, it is not always as intrusive or interfering as you may be led to believe by the tabloid

Hi, need to submit a 2000 words paper on the topic Business Law in the UK. much of the way business In the U.K, it is not always as intrusive or interfering as you may be led to believe by the tabloid and certain political parties.

Treaties-the primary sources of EU law are foundation treaties of Paris and Rome. The treaty of Paris 1951 established the European Coal and Steel Community. The treaty of Rome in 1957 established the European Atomic Energy Community. These agreements set up the EU which defines and limits the powers of institutions.

This mainly concerned with economic matters as free trade, agriculture, and transport. The treaties set out broad terms of the objectives to be achieved and leave many of the details to the council and the commission. These bodies have law-making powers that may exercise in accordance with the treaties. Some instruments which may be classified as legislation are:-

i) Regulation.-Are general application, binding in their entirety and directly applicable in all member states without the need for further legislation. They confer individual rights and duties which the national courts of the member states must protect. Their object is to obtain uniformity of law throughout the member states

ii) Directives-Unlike regulation, directives do not have immediate binding force in all member states. They are addressed to member states, requiring the national parliament to make whatever changes necessary to implement the directive within a specified time.

iii)Decisions-these These may be addressed either to a member state or to an individual or institution. They are formal methods of enunciating policy decisions and are binding as those to whom they are addressed.

EU legislation is drafted in terms of broad principle, the courts being left to supply the detail by giving effect to the intention of the legislature. This can be ascertained because of regulation based. This is in the interpretation of EU legislation the “golden rule “ and ‘mischief rule’ are applied rather than the ‘literal rule’.

i)Primary&nbsp.Legislation:

Primary legislation includes, in particular, the treaties under the agreements having similar status, which is agreed by direct negotiation between the government of member states.