Mr. Ibrahim wants to start an oil refinery business in the form of a corporation and name it as Al Rabah Refineries. He decides to have the capital of about OMR 15 million. His cousin suggested him to start the business as a partnership venture. Mr. Ibrahim is much confused as he is not aware of the disadvantages of a company form of neither organization nor the types of capital, so he decides to ask his friends who are having knowledge about these aspects.

As you are his friend, he is asking you to advise and suggest him the following aspects:

i) Explain the important features and difficulties of Societe Anonyme Omanaise Generale form of organization appropriate to Al Rabah Refineries.

ii) Illustrate Mr. Ibrahim the different types of capital suitable for his company with justifiable reasons and proper examples. (