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Comparability Report

The document is a comprehensive assignment on business law, focusing on the legal framework in the UAE, including sources of law, government roles, and the impact of various laws on business operations. It covers the complexities of the UAE's judicial system, the influence of Sharia law, and the distinctions between different types of laws, such as company, employment, and contract law. Additionally, it discusses the relationship between federal and local governments and the importance of understanding legal regulations for businesses operating in the region.

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Hamza
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© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
2 views

Comparability Report

The document is a comprehensive assignment on business law, focusing on the legal framework in the UAE, including sources of law, government roles, and the impact of various laws on business operations. It covers the complexities of the UAE's judicial system, the influence of Sharia law, and the distinctions between different types of laws, such as company, employment, and contract law. Additionally, it discusses the relationship between federal and local governments and the importance of understanding legal regulations for businesses operating in the region.

Uploaded by

Hamza
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 15

Unit 7 Business Law Assignment

[Name of Author]
[Name of Institution]
1

Table of Contents
Task 1: LO1.....................................................................................................................................2
Introduction..................................................................................................................................2
Sources of Law and Law of Organizations..................................................................................2
Government Role in Application of Common Law and Law Making........................................3
Conclusion...................................................................................................................................4
Task 2: LO2.....................................................................................................................................5
Introduction..................................................................................................................................5
Ways in which a Contract, Employment and Company Law has a Potential Impact on
Business.......................................................................................................................................5
Difference between Standards, Regulations and Legislation......................................................5
Law and Legal System’s Critical Evaluation..............................................................................6
Conclusion...................................................................................................................................6
Task 3: LO3.....................................................................................................................................6
Introduction..................................................................................................................................6
Ways in which Different Business Organizations’ Types are Legally Formed..........................6
Ways in which Business Organizations are Funded and Managed.............................................7
Advantages and Disadvantages of Different Business Organizations’ Types.............................7
Conclusion...................................................................................................................................8
Task 4: LO4.....................................................................................................................................8
Introduction..................................................................................................................................8
Recommended Legal Solutions for Resolving Disputes.............................................................8
Comparison and Contrast of Different Sources of Legal Advice to Resolve Disputes...............8
Effectiveness of Legal Solutions.................................................................................................9
Conclusion...................................................................................................................................9
References......................................................................................................................................10
2

Unit 7 Business Law Assignment

Task 1: LO1
Introduction
This report’s section is designed to help new business company identify the basics of business
law. Also, this report covers two main components of commercial law applicable in the UAE. The first
section of the report describes the different legal sources and the specific laws for each company,
regardless of its type. The second section describes some of the general laws applicable to the courts
and explains the role of the government in the justice system and the essence of the judicial system. The
interpretation of the government’s role in the law also assesses the power of parliaments and the
creation of bills. It also covers the legal frameworks based on common law and case law.

Sources of Law and Law of Organizations


As a part of the basic legal concept, the primary role is to protect the basic structure of a
community with benefits education. Rules could be punished, punished, or warned for excluding or
violating them depending on the extent of the violation (individual group). Besides, the extent of
violations of the rule of law is measured and determined by the courts or tribunals. Although UAE’s key
rules are derived from Sharia law, most laws are made up of Egyptian laws and regulations that came
into force from the 19th century to the end of the 20th century and Islamic and European civil law
concepts, which have common roots (Dewar and Hussain 2018). The French influence is more
pronounced in the adoption of civil law in most of the region than in the common law system of the
United Kingdom (as in European countries).
In addition to special laws and regulations covering company law, commercial law and
intellectual property, the UAE has established civil and commercial law. Although this system has led to
the elaboration of detailed and structured legal systems, these systems are rigid to some extent and
create bureaucratic rules and regulations throughout the Middle East. The structure of the judicial
system consists of courts with parallel but varied jurisdictions, Sharia courts and bilateral courts
(Thirlway 2019). For example, in the UAE, each emirate has its federal court, but Dubai and Ras al-
Khaimah have separate legal structures (Dewar and Hussain 2018).
The judicial system in the Gulf and the UAE is often quite complex and people who do not know
how it works could have problems. The fact is that these organizations are very different from Western
organizations and they use completely different languages for those who want to do business in the Gulf
and the UAE. Although such systems are different, the key legal rules are understandable and logical.
Further, these systems have evolved in the West, specifically in the UAE, and have adapted to the new
needs of modern thought to meet the changing needs of society (Dewar and Hussain 2018).
The UAE’s judicial system is based on Sharia or Quranic law. The Constitution defines the Islamic
State as the most important source of religion and law. Although the principles of Islamic law affect
criminal and civil law, the direct effect of Islamic law in the UAE is mainly limited to social law, such as
family law, divorce or inheritance law. Most commercial matters are dealt with by civil or permanent
arbitral tribunals. Many of the fundamental principles of Sharia have been applied to commercial
transactions and have influenced the business rules’ development applicable in the UAE (Dewar and
Hussain 2018).
3

Although not directly translated in business terms (such as Islamic finance), these ideas
influenced the preparation and interpretation of these laws. Customary law is also known in its
jurisdiction. The reason is that the rule of law includes the priority of justice and the concept defines, as
the case may be, contracts concluded with the judicial system. This includes case law, criminal law,
contract law, dishonest deeds, and agent terms. Ordinary law may be similar to civil law, but its main
differences are due to its origin (Dewar and Hussain 2018).

Government Role in Application of Common Law and Law Making


The Supreme Federal Court is the supreme constitutional power of the UAE. It is the highest
administrative and legislative body (Warren 2018). Detects obstacles to public order and federal law.
The leaders of Dubai and Abu Dhabi have veto powers. The FSC meets four times a year and is often
informal. The 1996 Constitution directs the relationship between the emirate governments and the
federal government, grants certain powers to the central government, and leaves no implication in the
areas of indirect power. Each statement has control over its mineral and oil resources and some internal
security’s aspects. The federal government is the first on most legal and government issues.
Under chapters 120 and 121 of the Constitution, the federal government is responsible for
federal issues such as foreign affairs, security and safety, citizenship and immigration, education, public
health, currency, postal services, telephone and other telecommunications services, air traffic control,
and aircraft. Industrial relations, banking, regional delimitation and crime transmission. Chapter 121 was
amended in 2004 so that the Union Legislative Assembly could be extended to local federal agencies, in
particular, the International Financial Center of Dubai (TIFC). This change is a precedent for the
expansion of federal power.
Concerning the UAE, Chapter 116 states that the UAE shall exercise all powers not provided for
in this Constitution. Section 122 could have rejected them too, the federation had exclusive jurisdiction
and the UAE constitutional rule with rules. The UAE emphasizes where the responsible authority has
been in certain areas. Central government. An example of this in the mid-1970s is the decision to include
patriotism in the proposal. The 1971 Constitution authorized every order to keep members of the
Organization of Petroleum Exporting Countries (OPEC) and the Organization of Arab Petroleum
Exporting Countries (OPEC). He left his membership in favour of the Abu Dhabi Confederation, the only
Emirate that joined in 1971.
Relations between the federal government and local governments are constantly changing. The
UAE benefits from a consortium in areas such as education and tourism. At the same time, there is a
growing trend to encourage local governments to voluntarily go to federal institutions in other regions,
such as the Ministry of Justice. Enforcement of customary law by the courts: customary law is constantly
being updated. The principles of customary law are fully applicable to the judges. In this case, the case is
settled on the legal documents of the case. Besides, the legal field has a common framework in all
jurisdictions.
Use of the law in the courts: These laws are written and owned by some companies. According
to the case law, the legal structure of administrative law and common law is different (Warren 2018).
The legal framework covers public and private behaviour in some parts of the UAE. In this case, the law
is recognized by parliamentary buildings and subordinates, and rules and regulations are the legal way.
According to the permits, UAE rules and other local government regulations apply. The written structure
is important in the legal environment.
4

Conclusion
The report provides a detailed description of the UAE’s laws and origins in court through a
structural definition. As regards common jurisdiction, this section distinguishes between common law
and UAE civil law. The first part highlights the importance of company law. The second section describes
the legislative process and its role in the legislation of the UAE Government.

Task 2: LO2
Introduction
This section deals with helpful rules for business organizations. Law and market impact will also
be discussed in accordance with company, business and standards laws. Differences in laws, regulations
and standards are also taken into account to better understand the information.

Task 1: LO1
Introduction
The research is developed to assist a fresh workfare organization for identification of the
fundamentals of Business Law. The research fulfils 2 major elements of Commercial laws which
can be applied in United Arab Emirates. The initial part of this research elaborates the various
lawful bases and the particular rules of every organization, without regard of any kind. The later
portion of the research elaborates a few General regulations which can be applied in hearings.
They also explain the roles of the governments in legal unit and the importance of the unit of
judiciary. The clarification of the state’s part in rules and regulations assess the strength of
parliamentarians and creativity of invoices.

Sources of Law and Law of Organizations


The legal setup of United Arab Emirates is founded on sharia (Law of the Quran). The charter
states the Islamic state as utmost necessary basis of faith and legislation. Even though the values
of the legislation of Islam affects Civil and Criminal legislature, the in straight impact of the
legislation of Islam in United Arab Emirates is majorly restricted to communal legislation,
including Family laws, Divorce or Inheritance legislation. Majority of the viable issues are
responded through civilian or perpetual courts. Majority of the essential values of sharia are
implemented on business dealings and impacted upon the Business Rules’ Development,
implementable in United Arab Emirates (Dewar and Hussain 2018).
Even though not straight interpreted in commercial relations, such concepts impacts the
groundwork and clarification of such legislations. Ordinary legislation is also recognized in
authority because the Rule of Law comprises of the urgency of justness and the idea describes,
according to the circumstances, agreements done with the legal setup. It comprises of Case Law,
Criminal Law, deceitful actions etc. Customary Law can be the same like civilian legislation,
although the main distinctions are because of the source (Dewar and Hussain 2018).
5

The legal setup in gulf and United Arab Emirates is usually very difficult. Individuals who have
no idea of the working of the law may face hurdles. It is true that such companies are distinctive
than companies of the west and utilize entirely distinctive language for the individuals who wish
to do workfare in gulf and United Arab Emirates. Even though these setups are dissimilar, the
main lawful regulations can be understood and have logic too. Moreover, such setups got
evolved in the west, particularly in United Arab Emirates, and implemented the latest
requirements of modernized thoughts for meeting the dynamic requirements of community
(Dewar and Hussain 2018).
The main contribution is the protection of the primary setup of a society with teaching
advantages. The rules can be disciplined and cautioned for exclusion or violation, which depends
on the nature of the offense. Along with that, the degree of offense of the decree is noticed and
then evaluated by law court. While United Arab Emirates’ important laws are acquired from
sharia, majority of the legislations are created from the legislation of Egypt, and rules which
arose in to action from nineteenth to twentieth Century and the legal ideas of the civilization of
Europe and Islam that have same origins (Dewar and Hussain 2018). The impact of France is
noticeable in implementing domestic legislation in majority of the area compared to the mutual
legislation structure of UK, like in the countries of Europe.

Government Role in Application of Common Law and Law Making


The top federal court has the most legal powers of United Arab Emirates. The supreme federal
court is the top managerial and legal figure (Warren 2018). It notices hurdles in peace and
Federal legislation. Leadership of United Arab Emirates have control over refusals. The federal
Supreme Court meets after every quarterly year. The law of 1996 leads the bonding of the
Emirate government(s) and Federal Government, gives special authority to Central Government,
leaving no effect on secondary Power sectors. Every declaration controls on its Mineral and Oil
properties and a few inner safety features. The Federal Government is on the top on many
judicial and governmental matters.

Regarding United Arab Emirates, chapter 116 says that United Arab Emirates will make use of
every power which is not mentioned in the law. The section of 122 can reject that also, but the
Federation possessed certain authority and the United Arab Emirates constitution with
guidelines. The United Arab Emirates focuses when the concerned power goes in specific
sectors. For instance, during the 1970s, the choice for including nationalism was given in the
suggestion. The constitution of 1971 ratified each command to have representatives of the
organization of petroleum exporting countries (opec) and the organization of arab petroleum
exporting countries. He forfeited his affiliation in the support of Abu Dhabi confederation, the
sole emirate which entered in 1971.
6

In the sections of 120 and 121 of the law, Federal Government is accountable for Federal matters
including Foreign Affairs, Education, defense, nationality, Healthiness, money, post office,
communication through phone, Air Traffic Control, aircrafts, relationships between industries,
Banking and the spread or display of crimes. Section 121 got changed in 2004 for the extension
of union legislative assembly to domestic Federal Agencies; specifically the international
financial center of Dubai (TIFC). The alteration is an example of the growth of Federal Power.
Interrelations within the Federal Government and Local Governments are continuously varying.
United Arab Emirates gets benefit from grouping in sectors including Education and Tourism.
Simultaneously, an increasing tendency for encouraging domestic government to willingly
approach to Federal bodies in sectors like the ministry of justice.
Use of the law in the courts: Such legislations are noted and possessed by few organizations. As
per the Case Law, the lawful setup of managerial and mutual legislation varies (Warren 2018).
The legitimate groundwork includes Public and Private Behaviours in a few regions of United
Arab Emirates. For instance, the legislation is acknowledged through legislative structures and
assistants, and laws are the right approach to proceed. As per the permissions, United Arab
Emirates laws and additionally, domestic government laws are applied. The prescribed setup is
essential inside the constitutional atmosphere.
Enforcing Customary Law through the courts: Customary Law is continuously under
modification for updates. The values of ordinary laws can be fully applied to adjudicators. For
this incident, the issue is resolved on the authorized document(s) of the respected incident. Along
with that, the legitimate ground consists of a mutual context in every authority.
Conclusion
The research gives a descriptive information of the rules and regulations of United Arab
Emirates in courts by a setup explanation. With regard to mutual authority, the portions defines
differences amid normal legislation and United Arab Emirates’ civilian legislation. The initial
section tells the essence of organization legislation. The later part tells about the legal procedures
and their roles in the law making of the government of United Arab Emirates.

Task 2: LO2
Introduction
The segment tells about the assisting regulations for workfare companies. Market affect and law
shall be elaborated as per organization, work and standard law(s). Dissimilarities between
legislations, rules and values too are discussed for better understanding of the data.
Ways in which a Contract, Employment and Company Law has a Potential Impact on
Business
Company Law: This law provides benefit and help to the business from the government legislation
(Tuori 2017). This is beneficial for businesses as they could be protected from liability or debt.
7

Employment Law: This is used to protect all employees in the companies. The law simplifies relations
with employers and employees by providing special rights that could be exercised in the workplace.
Contract Law: Indicates that all typesIt specifies every type of businesses have a contractbusiness
having an agreement (Cotterrell 2017). ThisIt is helpful because disputes couldassisting as quarrels
can be resolved quicklysolved fast and neither party could sueboth the parties cannot take legal
action.

Difference between Standards, Regulations and Legislation


Legislations: Considering it as a national law that could help the people start a new business or run an
existing business in the UAE. Every person has to follow some rules.
Regulations: Detailed information on the rules followed by national governments (Goodman and
Flaxman 2017). Every company representative should do business without jeopardizing national laws
and operations management.
Standards: To deliver a specification of good and effective results, the management system has provided
quality without harming individuals or other organizations. Businesses should also provide all the
necessary information on quality and safety measures.
Employment Law: Its usage is for protecting every worker in the company. The legislation
simplify the terms with management and workers through giving certain right(s) which can be
implemented at the company.
Company Law: Company legislation gives advantages and assists the organization from
governmental law (Tuori 2017). It has benefits for companies because they can huard themselves
from liabilities and debts.

Law and Legal System’s Critical Evaluation


The entire court system is designed to help the flour-producing company to comply with
applicable and valid laws throughout the country. The implementation process must also be completed
under law enforcement supervision. The entire judicial process depends on the judicial system. To
manage a manufacturing company, its management must comply with national laws to avoid litigation.
Conclusion
Based on the above, each business office may decide to comply with laws and regulations to improve its
business. Every employee in the workplace must be recognized for effective work. The information
provided in the debate is that every regulation and law has an impact on the organization that could be
beneficial to the business.The full courtyard setup is structured in helping the Flour production
organization to adjust by the rules that have validity and can be applied in the whole state. The
procedure for adoption should be fulfilled in the custody of Law Enforcement Supervision.
Entire legal procedure is dependent on the legal setup. For managing an organization that
manufactures, the administration should adjust with domestic legislation for avoiding lawsuits.

Difference between Standards, Regulations and Legislation


8

Standards: For delivering a specific product and efficient outcomes, the administrative setup
provides standard devoid of posing any harm to personals or rest of the companies. Companies
should give every important data on standards and security issues.
Legislations: Seeing this as domestic legislation which can assist individuals in starting a fresh
company or running an already present organization in United Arab Emirates. Each individual
needs to abide by certain regulations.
Regulations: Descriptive data on regulations pursued by domestic government(s) (Goodman and
Flaxman 2017). Each company’s spokesperson should do work avoiding endangering domestic
legislation and functional administration.
Conclusion
Each company’s offcie can ensure to adopt rules and legislations for improving businesses. Each
worker in the office should be acknowledged for efficient performance. The data given in
discussion notes that each rule and legislation impacts the company which can give advantages
to the company.

Task 3: LO3
Introduction
This section addresses ways in which different business organizations’ types are legally formed,
funded and managed. The following section explains the pros and cons of each business organization.

Ways in which Different Business Organizations’ Types are Legally Formed


Private Company: Considered the purest form of business. The minimum requirement is the merchant
claim. Only the owner needs to get the job done.
Partnership: Partnership is utilized when more than one individual is involved within the business. A
partnership agreement is needed to treat both partners equally in terms of corporate responsibility
(Villaluz and Hechanova 2019).
Company: This group has many advantages that their owners could take advantage of because they
have little responsibility. The entire corporate process requires a different investigation than an
independent body and higher government agencies.
The followwing part of research discusses methods by how various commercial companies’
kinds are officially established, financed and administered. This part gives explanation of the
strengths and weaknesses of every commercial company.

Limited Liability: Trust and other institutional organizations help the company develop appropriate
guidance, so this organization has many benefits. The whole process requires paperwork or a contract to
run the business smoothly.
9

Ways in which Business Organizations are Funded and Managed


Establishing a business needs to be well managed so that it could be easily tracked in every
department of the business. The development of entrepreneurship also depends entirely on planning
and financial factors. Commercial banks need to have a good investor base to receive cash flow from
time to time. Even the corporate debt ratio must slowly decline in terms of sales. With annualized
returns, companies must regularly repay their obligations to investors or shareholders to obtain cash
flow (Robertson 2016).

Advantages and Disadvantages of Different Business Organizations’ Types


Limited Liability
Limited Liability is a bit different. It can be advantageous for commercial business owners for
accepting restricted obligations for compensations or loans. Along with that, the revenues earned
through the profits are distributed with dual revenue system’s holders. Contrarily, the negative
side includes presence of specific legislations and rules coming from every difficult agreement.
Because of it, owners can carry on the commercial workfare with ease. Hence, the obligations on
the owner or charges can be ignored. A certain portion of the organization’s costs in the form of
sharing of losses and profits is mentioned in agreement.
Corporation
The organizational legislations states that the accountability of the owners is restricted, which
can be moved to the next leaders, giving a benefit. On the other hand, the negative point includes
that the entire procedure and the company’s area is very hard for maintenance. Hence, the
leaders can practise their privileges on the instance of sharing loss or loan from others. Lessor is
least liable for charges or harms.
Partnership
Associations have capitals to aid the expansion of commercial workfare. Partners possess the
same privileges, and revenues are shared among them. On the other hand, it may not be nice if
the next of kin chooses to finish the association. There might be difficulty in finding another
associate for selling the commercial workfare. This results the leaders in the sharing of the
revenues amid them for continued operations excluding hurdles (Na 2016).
Sole Proprietorship
All profits owned by the unit are earned by the business owner and are easy for the business
owner to do. The downside, however, is that the owner has to repay all the debts within the industry
and ownership has been difficult to transfer. This company has the owners and the whole industry in the
same company. This could also be considered as the best management activity.
Partnership
Partnerships have resources to support business growth, partners have equal rights, and even
profits are distributed. However, it is not good if the spouse decides to terminate the partnership. It may
10

also be difficult to find a new partner to sell the business. As a result, owners could choose to share
profits among themselves so they could continue to operate without problems (Na 2016).
Corporation
In company law, the owner’s liability is limited and could be easily transferred to new owners,
which is an advantage. The downside, however, is that the whole process is expensive and the corporate
sector is quite complex and difficult to maintain. Therefore, owners could exercise their rights when
they share losses or debts with other companies. The lessor accepts minimal liability for any costs or
damages.
Limited Liability
In the case of limited liability, it is useful for the business owner to accept limited liability for damages or
debts. Besides, the profits generated from the revenues are shared with the double taxation’s owners.
On the contrary, the downside is that certain laws and regulations come with all the more complex
contracts. Due to this, the owner could easily run the business. Therefore, the owner’s liability or costs
may be neglected. There is a special part of the company’s loss and profit distribution that is specified in
the contract.Revenues possessed by a department are received to a company runner. The negative
point includes that CEO needs to pay back every loan inside the sector and possession is hard to
handover. The relevant organization consists of owner(s) and the entire factory in the similar
organization. It is taken as the excellent administrative activities.

Ways in which Business Organizations are Funded and Managed


Founding a commercial company demands a good administration for easy track-down of all units
of the commercial company. The establishment of private enterprise is dependent upon the
preparation and economic measures. Business banking needs to possess a nice capital foundation
for receiving the money flowing in quick intervals. The company’s loans proportions should
gradually get lower with regards to sale(s). Organizations should frequently do repayments of
their duties to stakeholders and financiers for obtaining the money flowing in annual return(s)
(Robertson 2016).

Ways in which Different Business Organizations’ Types are Legally Formed


Limited Liability: Faith and rest of the organization’s bodies assist the organization in
developing suitable guiding. In this way, the company gets various benefits. The entire procedure
needs filing or an agreement for running the workfare easily.
Company: It contains advantages which the owner(s) get due to low responsibilities. The whole
company procedure needs a distinctive research than an exclusive figure and advanced states’
agency.
11

Partnership: It is made use of when there are above one person’s involvement in the workfare.
An association contract is required for treating all the associates on equal term(s) of company’s
duties (Villaluz and Hechanova 2019).
Private Company: It is known as the most solid form of commercial workfare. The lowest need
is a trader’s entitlement. Just the possessor is required to complete the work.

Conclusion
From the points aforementioned points, it could be concluded that all the businesses have their
disadvantages and advantages within the business rules’ area. Notwithstanding, steps and processes are
important to ensure that heirs achieve their goals and provide regular funding.
The above mentioned issues conclude that every commercial workfare has pros and cons amid
the commercial corportate regulations’ sector. Nonetheless, measures and procedures are
essential for ensuring their next in kin get their missions and give continuous capital.

Task 4: LO4
Introduction
InWith regards to this regard, the dispute resolution process within a companyconflict resolving
procedure inside an organization is discussed in this section. The following section
discussesdescribed. This part elaborates the benefitsadvantages and comparisonscontrasts of the
way outs.

Effectiveness of Legal Solutions


The procedure to solve the disputes is important for the organization who wishes to remove any
conflicts with effective way forwards. The way forward(s) elaborated contain their standardized
way forwards. The precise verdict is dependent upon the magnitude of the organization and the
agreement. The outcome gives excellent commercial way forward.

Comparison and Contrast of Different Sources of Legal Advice to Resolve Disputes


solutions.Arbitration is regarded as the utmost efficient procedure for solving conflicts and the
concerned bodies get data from corporate point of view. The main factors for discussing are
majorly founded on the correct courses of actions which shall ease in finding a comprehensive
way out. Mediators’ roles in arbitration is very dissimilar from arbitrators (Moses, 2017). The
magistrate listens to every viewpoint of the groups and selects to go for the orders (Hawkins
12

2016). The debates are utilized to discuss essential commercial factors. It is very essential for
organizations because the economic area addresses the factor, which develops the verdicts on the
basis of proofs and research.

Recommended Legal Solutions for Resolving Disputes

Litigation: Litigation is known as the utmost common part which gives way forwards for every
dispute. Adjudicators even must have adequate responsibilities when they request data or proof.
It assists in solving the entire procedure (Benedict, 2018).
Arbitration: Arbitrator is the individual who has the responsibility to assess or resolve conflicts
amid commercial companies. The magistrate chooses to listen to the incident and it gives
advantages to each party. The request procedure comprises of concerned means (Hayes, 2017).
Mediation: It helps resolve disputes between parties and respond to a professional
mediator.Mediation assists in resolving conflicts amid groups and give response to corporate
intermediary. It also allowspermits the partiesgroups to expressrepresent their viewsviewpoints on
the companyorganization (Singer 2018).

Conclusion
Arbitration: In this, a person (an arbitrator) is responsible for assessing or resolving disputes between
business organizations. The judge decides to hearabove part of the case and it benefits both parties.
The application process also includes related resources (Hayes, 2017).
Litigation: This could be calledresearch gives suggestions that commercial companies has to utilize
the most popular element that offerscorrect solutions to allfor avoiding conflicts. Even judges
should be sufficiently responsible when requesting information or evidence. It also helps to solve the
whole process (Benedict, 2018).

Comparison and Contrast of Different Sources of Legal Advice to Resolve Disputes


Mediation is known as the most effective way to resolve disputes and the parties receive information
from a professional perspective. The key discussion points are mainly based on the right guidelines that
would facilitate a suitable solution. The role of mediators inside the company. Appropriate contrasts
must be done to enable a firm in mediation is radically different from that of mediators (Moses,
2017). The judge hears all views of both parties and then decides to follow the judge’s instructions
(Hawkins 2016). The discussions are used to address important business issues. This is particularly
important for companies as the financial sector is addressing this issue. It makeschoosing, as per its
decisions based on evidence and investigations.requirements.
13

Effectiveness of Legal Solutions


The process of resolving these is essential for the company to resolve any disputes. The
solutions discussed above have their standard solutions and resolve other disputes. The exact decision
depends on the size of the company and the contract. The result offers the best business solution.

Conclusion
The previous section suggests that business organizations need to use the right solution to avoid
conflicts within the organization. Also, appropriate comparisons should be made so that a company
could choose according to its needs.
14

References
Benedict, B.M., 2018. Making the modern reader: cultural mediation in early modern literary
anthologies (Vol. 5235). Princeton University Press.
Cotterrell, R., 2017. Law, culture, and society: Legal ideas in the mirror of social theory. Routledge.
Dewar, J.R. and Hussain, M. eds., 2018. The Islamic Finance and Markets Law Review. Law Business
Research Limited.
Goodman, B. and Flaxman, S., 2017. European Union regulations on algorithmic decision-making and a
"right to the explanation". AI Magazine, 38(3), pp.50-57.
Hawkins, D., 2016. Arbitration-Subject Matter Jurisdiction. Wisconsin Law Journal.
Hayes, A.F., 2017. Introduction to mediation, moderation, and conditional process analysis: A
regression-based approach. Guilford Publications.
Moses, M.L., 2017. The principles and practice of international commercial arbitration. Cambridge
University Press.
Na, N., 2016. The United Nations and business: A partnership recovered. Springer.
Robertson, J., 2016. Coaching leadership: Building educational leadership capacity through partnership.
New Zealand Council for Educational Research. PO Box 3237, Wellington 6140 New Zealand.
Singer, L., 2018. Settling disputes: Conflict resolution in business, families, and the legal system.
Routledge.
Thirlway, H., 2019. The sources of international law. Oxford University Press.
Tuori, K., 2017. Critical legal positivism. Routledge.
Villaluz, V.C., and Hechanova, M.R.M., 2019. Ownership and leadership in building an innovation culture.
Leadership & Organization Development Journal, 40(2), pp.138-150.
Warren, K.F., 2018. Administrative Law in the Political System. Routledge.

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