Assignment on the Business Law for GREEN LIFE LLC

Al Anood who was recruited as a marketing officer by GREEN LIFE LLC with the salary and allowances of were different kinds such as car with fuel. As it shows that all these allowances were agreed in contract of employment and company is liable to pay all these equipments and allowances to its employees. As the condition was not according to the situation written in the contract of employment that explains about the situation in recessionary circumstances company will withdraw its allowances and employees have to work by their own resources. In this scenario, company get the allowances back and the employee did not make transactions to attract the customers in the market and my marketing activities remained slow. On this basis, company terminated the employees and so it is not an ethical and appropriate way to deal the scenario. A note get take course of action against the company as the contract and employee did not perform according to the contract that was made at the time of recruitment (Keršuliene, Zavadskas, & Turskis., 2010).

There are different kinds of legal solutions and advice is that could be support for dispute resolution in the market order in any kinds of business dispute. There are three main types of for dispute resolution that are adopted widely in the business environment. The first one is litigation in which all the matters are dissolved by court and 2^nd is arbitration, Arbitration, also based on the court’s right to decide dispute between the parties and authority, have arbitral tribunal that comes from party’s agreement and the third one is mediation. It is based on the combination of court and parties desired, both parties or agree to settle their dispute through meditation with the help of an agent or mediator. In this scenario, I advised both the parties to take the services of mediator  as he’s a person who is unbiased and to try to identify the need of both parties and help them with the agreement that is based on a third solution. An individual and company should make this solution with the help of mediating as the mediating dispute might be best option for the resolution of important conflicts and to maintain healthy relationship between the employees and employer. It also helpful to get to both parties remain in control and to resolve their disputes with calm and peace.

Scenario- 2 of GREEN LIFE LLC

The second scenario is based on the sale of property that is offered by a commercial seller working as individual who put an advertisement in the Times of Oman and other company named Al Habib, LLC purchased the property for the business. Afterwards company refused to make installment for the property and paid the first installment only and refused for other. Now individual can go for arbitration that is considered for better solution to get between the both the parties. Further explanation about the arbitration also explained below that will help it to implement the better dispute resolution (Chong & Zin., 2012).

There are several solutions for dispute resolution that are cooperated between parties to resolve the dispute resolution terms. The first one will take mediation that is method of dispute settlement that is based on outside of the court. In this process, the disputes are resolved by the parties by their selves and they get assistance of a trained mediator who helps them to negotiate with the issues between the parties and give solution to identify the issues and find the way to settle the dispute in which both parties are satisfied. It must be according to the preceding of law that is necessary to come up with the resolution of a different form of litigations to the parties, so that the dispute responsibility must be settled. There are some situations handling elements. Mediation is always private and confidential this means that meditation meeting or not binding only one party it is obligations for both parties to get the proceedings of mediator and support the decision well that the mediation is going on. It is upon the mediator that he opens all the dialogues that are lying between the parties and become reason of this dispute. Both parties come with their theories of disputes, and he encouraged settling the dispute with his opinion (Oni-Ojo, Iyiola, Osibanjo, & IGBINOBA., 2014).

The second one is arbitration that is an alternative offer dispute resolution process is taken to arbitrator who is appointed by the parties to get it with the agreement between both the parties. It is most likely to be considered arbitration in the contract and to the initial level of contracts. But in case where there is no point of arbitration, parties could also get the services to solve the dispute that is main issue to resolve. Arbitration is services of arbitrator that is taken before going to court it and the parties already come to play with its value, decision and arbitrator direct them to get appointed by mutual consent. The proceedings of the contract are binding on the parties to cooperate with the arbitrator. The person who didn’t offer arbitrators are different from the mediation, as the binding of arbitrated is not to sit on the city theater to encourage the correspondence between the parties. There is only one similarity in arbitration and mediation that mediator or arbitrator are chosen by parties to get to the solution of the contract disputes that must be resolved by these techniques otherwise, the court will decide it.

These are the alternative dispute resolution techniques that are adopted by the parties in the situation of dispute or conflict between the parties. It is a process that is followed by parties to encourage the set disputes by a person who is able to mediate. Arbitration prompted the arbitrator awards in the binding of the contract. Alternative dispute resolution teachings are adopted by. People and the most common form is mediation and arbitration.

It is effective to go for other disputes resolution techniques other than the litigation and other disputes settling are not good for the reputation of the company as well as for the human reputation. Therefore, alternative Dispute resolution techniques are important and effective to implement into dispute resolution. We did mediating and arbitrating and it is considered effective regime to solve the matters in the different kinds of business disputes. It has to save the reputation as well as save from financial wastage of the resources. It’ll solve their dispute in foreign investment, as they always prefer arbitration and mediation to use to dispute resolution and to assess the legal institutional framework in the arbitration and other kinds of dispute resolution techniques that are headed full to get justice in the laws and regulations of the business contract. These are always considered more effective than go for litigations and other. Matters of code or law.These alternative dispute resolutions are always considered better to implement and again better results for the dispute resolution. It also improves the performance of judiciary and help to reduce the expenses over litigations (Kavalnė & Saudargaitė., 2011).

References of GREEN LIFE LLC

Chong, H.‐Y., & Zin., R. M. (2012). Selection of dispute resolution methods: factor analysis approach.". Engineering, Construction and Architectural Management .

Kavalnė, S., & Saudargaitė., I. (2011). Mediation in disputes between public authorities and private parties: comparative aspects. Jurisprudencija (18), 251-265.

Keršuliene, V., Zavadskas, E. K., & Turskis., Z. (2010). "Selection of rational dispute resolution method by applying new step‐wise weight assessment ratio analysis (SWARA). Journal of business economics and management , 11 (2), 243-258.

Oni-Ojo, E. E., Iyiola, O. O., Osibanjo, A. O., & IGBINOBA., E. E. (2014). Managing Workplace Conflicts in Business Environment: The role of alternative dispute resolution (ADR). European Journal of Business and Management , 6 (36), 74-82.