It
is important to understand that contracts have vital importance among parties
to make certain agreements, as they derive the overall terms of conditions that
how their relationship will move forward. The contract explains the agreement
with its relevant elements such as offer, acceptance, consideration etc. The
contract performance is agreed between the party, which means that they agree
on certain obligations, which needed to be fulfilled by both parties, and if
any of the party is not able to fulfil those obligations, then it means that
they have breached the contract (Bonell, 2018). In this report, the focus will be
given to commercial and contract law of Oman along with its critical elements
such as breach and remedies for damages.