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IMPACT OF TWO LEGAL SYSTEMS ON BUSINESS PRACTICES IN TERMS OF LAW MAKING AND DISPUTE RESOLUTION.
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Research Paper IMPACT OF TWO LEGAL SYSTEMS ON BUSINESS PRACTICES IN TERMS OF LAW MAKING AND DISPUTE RESOLUTION. Table of Contents INTRODUCTION....................................................................... 3 AUSTRALIAN LEGAL SYSTEM................................................... 3 LAW MAKING BODIES................................................................. .3 SOURCES OF LAW....................................................................... 4 DEMOCRATIC CONSTITUTION................................................. 4 DISPUTE RESOLUTION IN AUSTRALIA....................................... 4 GERMAN LEGAL SYSTEM...................................................... .... 5 LAW MAKING BODIES.............................................................. 6 SOURCES OF LAW..................................................................... 6 DEMOCRATIC CONSTITUTION................................................... 6 DISPUTE RESOLUTION IN GERMANY................................... 6 AUSTRALIA AND GERMANY: DIFFERENT LEGAL SYSTEMS... 7 LAW MAKING....................................................................... 7 BUSINESS PRATICES (CONTRACTS)...............................................9 CONCLUSION...................................................................... 11 BIBLIOGRAPHY................................................................... 12 INTRODUCTION The main purpose of a legal system is to regulate conduct for the benefit of society as a whole and in the event of conflict it provides means to hear and settle disputes on an independent and impartial basis. Different countries have different legal systems. Like, in Australia common law system is followed and civil law in Germany. This research paper deals with the comparison of the above mentioned legal systems. The comparisons are based on law making, business and disputes resolution in these two countries. THE AUSTRALIAN LEGAL SYSTEM The Australian Constitution is federation of seven Constitutions i.e. of six...
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