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Assignment on the Oman business Law Agency's primary goal is to enter into a key deal between the client and third parties for the sake of this principle

Category: Business Law Paper Type: Assignment Writing Reference: APA Words: 1600

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. Uncourt4, p.9.

Al-Ruzaiqi, S. S., & Baghdadi, Y. (2016). Government Approach to Integration in Oman. IT Professional18(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 Business50(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–Vol6(2), 357.

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