Contribution of the Oman Court-Free-Samples-Myassignmenthelp.com

Questions: 1.Fraud, incompetence and dishonest are major problems in Agency Law. Analyse this statement in relation to universal agency law, its objectives and how these shortcomings can be overcome in business, quoting relevant Oman Royal Decree. 2.Analyse the structure and contribution of the Oman Court and Legal System, quoting relevant Royal Decree. Answers: 1.Oman Royal Decree stating Agency Law has major problems in cases of fraud, incompetence and dishonest(Al-Shaqsi, 2009). In cases of fraud a person might gain an unfair advantage over the other by omitting elements to do require intent. In cases of incompetence, the person lacks contractual capacity and cannot be appointed as agent. Incompetent persons within Agency relationships cannot be help for any liability or torts, hence can lead to problems in such contracting. In cases of dishonest, liability or tort cannot be established when cases does not involve civil wrong, leading to other party suffering. Oman Royal Decree no. 34/2014 Objectives of Agency Law is to perform duties of the principle by appointment of an agency lawfully. Agency law in the country was established to successfully to form contracts and execute them but there are various shortcomings in relation to attract. Shortcomings relative to fraud, incompetence and dishonest can be overcome in business by including terms that could lead to possible avoidance of fraud and dishonesty. Incompetence can be overcome in case of including terms such that contracting parties are competent. 2.The Sultanate of Oman in the Arabic Gulf constitutes a central Islamic Monarchy with Muscat as its capital. It has four districts Musandam, sohar, Al Barimi and Muscat with five areas. Since its independence gained on July 1970, it is governed by Sultan Qaboos(Baporikar, 2015). Legal system within the country is codified in the Constitution by Royal Decree n101/96. Primary legislation is termed as Royal Decree and secondary legislation is concerned with Ministerial body. The legal system in the country is a mixture of Islamic and Anglo-Saxon law. Conclusion The Oman Royal Decree legislation includes all relevant laws and regulations with connection to contract law, agency law, insurance law, labor law, Intellectual Property law and so on. All legislation are well organised within Courts and the Judiciary with codes of conduct. these codes acts as reference numbers and differs for political life, economic life, criminal affairs, civil matters, environment and so on. All decisions are taken by judicial entities and executed in name of His Majesty the Sultan. Reference Lists Al-Shaqsi, S. Z. 2009. EMS in the Sultanate of Oman. Resuscitation, 740-742. Baporikar, N. 2015. Effect of national culture on development of international business in the Sultanate of Oman. Handbook of Research on Global Business Opportunities, 268-288.