Ben, Charles, and Kai are recent University graduates in Sabah, Malaysia. They intend to start a business together as the COVID-19 effects have made it difficult to find a job. However, they have not reached an agreement on the type of business to establish, either a Partnership or a Company. Ben wishes to form a Partnership; Charles prefers to set up a Company whilst Kai is still undecided. Ben, Charles, and Kai are unfamiliar with the nature of business in Malaysia, the necessary legal procedures for its establishment and the legal implications of the business. Besides, Ben, Charles and Kai lacked the financial means to seek professional legal advice to draft an agreement governing their business, themselves, and potential legal events in the future.

Advise Ben, Charles, and Kai on the most appropriate business form with regards to the above

requirements (CHOOSE ONLY ONE TYPE OF BUSINESS)

I will choose Partnership.

Because they are graduates from Sabah. Please add Sabah Ordinance with the Partnership Act for law reference. -Partnership Act 1961

-THE TRADES LICENSING ORDINANCE (Ordinan No. 16 of 1948) (SABAH)

2. LEGAL PROCEDURE FOR FORMATION OF PARTNERSHIP IN SABAH

- nature of business in Malaysia, the necessary legal procedures for its establishment and the legal implications of the business.

Reference and original Question: https://sg.docs.wps.com/l/sIDL52uFd043pjAY