Table
of Content
Module Name: Business Law.. 2
Answer No. 1: 2
Answer No. 2: 3
Answer No. 3: 4
Answer No. 4: 5
References: 6
Module Name: Business Law
Answer No. 1:
Objectives of agency law:
The Oman Law Agency's primary goal is to enter into a key deal between the
client and third parties for the sake of this principle. Therefore, the
concessionary has a clear goal in a specific working arrangement with the
theory. In the royal decree of 26/77, the rules of the departments are enforced
in Oman. The legislative body is also a member of international law and deals
with the foreign interactions between the respective parties. While it has been well developed before, over the years the ALCO
has experienced many changes. However, in 2014, OCAL made a series of changes,
resulting in the removal of officials under the prior legal immunity (Agarwal, 2017).
Importance of
agency law: The law agency is
important in the Omani market, as there is an appropriate relationship between
the officer and the consumer. This legislation is developed and evaluated on
the business market of the Sultanate of Oman, under Royal Decree of OCAL 26/77.
Oman's key contribution to this legislation is to provide the government with
reasonable and equal policies about its economy. In compliance with Royal
Decree 90/99, the substantive resumption of the legal system has been examined
and ends with the rule of the judiciary. In terms of the country's economic
aspect, this commitment has allowed the nation to evolve and expand (Al-Ruzaiqi & Baghdadi, 2016).
Importance in Oman
economy: Over the years, the juridical nature of
trade law has changed dramatically, and its economic importance has grown over
the years in Oman. Law reform aims to affect the negotiating relationship
between the customer and the agent effectively and to establish a legal
structure (Hussein, & Alam,
2019).
Answer No. 2:
Unfair labor practice:
In 2012, Oman's sultanate established and strengthened labor law by giving
workers substantially improved and more favorable workplace ties. It is here
that no violence about the care of labor will take place in Oman. In this way.
The job standard further specifies that workers should be paid appropriate and
mandatory leaves that do not discriminate against the race and colour of staff
in Oman-based organisations. The problem of Royal Decree 35/2003, which deals
with the origins of sales and the regulation of labor activity, is discussed in
this labor law. It also analyzes efficiently that Oman's devoted workforce is
handled concerning law and terminology in the premises of the Oman firm.
Oman law preventing
unfair labor practices: Oman's legislation
extends under Oman's law to all private sector organizations. This is provided
and enforced in the sultanate in both Omani and non-Omani organisations. In
this rule, the government uses contracts, organizes work hours effectively, and
eliminates them concerning the writing of the legislation. The firm also
analyzes corporate conflict and overtime compensation. Cautious and definitive
laws by this legislation must be reviewed and revised.
The workers are therefore essentially granted
a conditional work permit and medical insurance in this way. The legislation of
the IT department also allows all Omanian businesses and organizations to track
Omani's activities to minimize discrimination efficacy before employing workers
(Giumelli and van, 2017)
Royal Decree of 13/97: The
fundamental kingdom of the Arabian Gulf is the Sultanate of Oman. Before 1971,
the last criminal cases involving personal identity were taken to justice by
some Omani Sharia courts. This arrangement of the Omani judicial and juridical
system was adopted in 1996 by the Royal Decree of 101/96. Two basic laws form
the basis for regulation and structure. Moreover, in compliance with Royal
Decree 13/97, the composition of the Omani Court has modified. The title,
strength, and function of the law have recently changed on the grounds of this
Royal Decree (Al-Shaqsi, 2015).
Answer No. 3:
Tort Law Definition: The
law of tort is the statute that essentially protects people from other people's
malicious actions. When a person commits a felony, he violates civil law. When
someone is hurt by the act of someone else, he will sue the person involved in
the crime to demand compensation. The legislation aims to compensate the
perpetrator for the crime committed and harm another citizen (Shmueli, 2016).
Types of Tort law:
Types of Torts There are three types of torts:
1.
Intentional torts: This
negligence is based on incompetence and strict harassment. A misconduct is a
criminal offense that happens when misconduct is committed knowingly, causing
harm to another party. Striking a fellow is a deliberate act that will be a battery
hurt. To inadvertently hit a human will not be a malicious attack as the victim
was never meant to hit.
2.
Trespass:
A violation regarding an individual or property is an unauthenticated activity.
A person's violation requires some interaction with someone whose permission
has not been granted. It is represented as a battery technologically. An
assault would be a case in which a complainant legitimately suspected that a
crime would be committed on his body. One example of an assault would be a fist
swing by a person. Land infringement includes going on or over another's
someone's property. A Trespass can also require the unrestricted use of the
airspace of another domain and the real land. This regulation was therefore
changed so as not to conflict with the proper use of the ground, as long as the
path of aircraft is over territory.
3. Negligence: Negligence is not observing the degree of caution a fairly
vigilant individual should take to avoid expected damage. When a person is
reckless as he or she used in comparable situations, he or she will be
neglectful. The fair norm of the individual varies accordingly. The standard of
treatment a person needs is that which should be provided in comparable
conditions by a normally sensible person. It does not automatically imply a
degree of treatment that avoids the damage. The elements needed for neglect to
be established are the presence of duties.
Importance for Society:
The purpose of this law is very significant because it impedes the willingness
of people to do something detrimental to others. The crime rate in Oman can be
minimized successfully (Berger,
Silbiger, Herstein, and Barnes, 2015).
Application:
This rule is enforced correctly by Oman. For instance, if an individual goes to
the Omani Court alleging that they were injured, prompt action is taken. The
accident is not only health but also a strength.
Answer No. 4:
The
following section describes the six elements of a legal contract. These six
components are the most important component of the legal contract.
1. Offer:
Taking account of Royal Decree 27/2013, contract law is created. An offer must
be used in an arrangement as it is not called an arrangement if there is no
deal. That is the main element to guarantee the validity and acceptability of
the contract. In a contract, the signing of a contract with a party is
certainly important. Certainly, the deal is separate from an advertising or
note.
2. Acceptance:
Acceptation: the contract will accept the bid stated. When someone or something
else is aware of the bid, the acceptance issue emerges. If the parties to the
agreement want to compromise or have a conversation about the bid, there will
be no presumption.
3. Concern:
There should be no question that concern is really necessary for the deal.
Consideration means someone else can send everything back. This can be used as
an interchange between the promised person and the other promising person.
4. Purpose to create legal
laws: The aim to create laws: a legal contract
is also very necessary. The most important thing to establish laws is the
Contract Act of 1950 (Prince, 2015).
5. Safety:
this is an important fact in a contract that is legitimate. This is important
to specify the terms of the contract.
6. Power:
contract flexibility ensures that the contracting parties have a legitimate
capacity to carry out the contract-listed activities (Krawiec and Liu, 2017).
A
contract leads to a structured transaction in which both sides are secured, the
financial arrangement concluded and the deal completed properly.
For
eg, the Oman Oil Company is a business throughout Oman that belongs to the Oman
government. Oman Oil Company is an Oman company. About the company, Oman's
contract law shall be considered a transaction from this firm. When this
company is associated with other organisations, it completes a contract by
taking this law into account and making sure the that law includes all the
productive elements required for the validity of a contract. This legislation
has not only been dealt with when dealing with other businesses but also when
dealing with workers.
References:
Agarwal, R., 2017. Commercial Agency
Law-Oman. Ct. Uncourt, 4, p.9.
Al-Ruzaiqi, S. S., & Baghdadi, Y. (2016).
Government Approach to Integration in Oman. IT Professional, 18(4),
10-13.
Al-Shaqsi, S.Z., 2015. Emergency management in
the Arabian Peninsula: A case study from the Sultanate of Oman.
Berger, R., Silbiger, A., Herstein, R., and
Barnes, B.R., 2015. Analyzing business-to-business relationships in an Arab
context. Journal of World Business, 50(3), pp.454-464.
Hussein, M. A., & Alam, S. (2019). The Role
of the Insurance Sector in the Development of the Economy of Oman. Global
Journal of Economics and Business–Vol, 6(2), 357.