Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ahmed and his friend started a company selling food items. If they are registered under Oman commercial law their company will be allowed to enter

image text in transcribed

Ahmed and his friend started a company selling food items. If they are registered under Oman commercial law their company will be allowed to enter into contracts, to loan and borrow, to sue and be sued, to hire employees and to pay taxes. (1 Mark) 1. Ahmed took away OMR 200 from the business for his personal use will be called as: (1 Mark) 2. Portion of profit distributed between Ahmed and his friend is called as: (1 Mark) 3. Car purchased by Ahmed and his friend will be considered as

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

1. Discuss the four components of language.

Answered: 1 week ago

Question

a. How many different groups were represented?

Answered: 1 week ago