Ms. Asma has a business in Sohar, Oman. She imports garments from India in large quantities and sells to boutique owners in Oman and avoids selling directly to individual customers. Which of the following is the category of her business? of a. Ms. Asma business is a manufacturing business b. Ms. Asma business is a retail business c. Ms. Asma business is a wholesale business d. Ms. Asma business is a service business Mr. Abdullah started a sole proprietorship business with a bank loan. After one year, the business failed. The bank debts were at OMR 5000. Mr. Abdullah sold the business assets for OMR 3000. Based on this situation, what will Abdullah do? of a. Mr. Abdullah will not be returning any money to the bank because the business failed. b. Mr. Abdullah will return OMR 5000 to the bank by selling his personal assets. c. Mr. Abdullah does not have to pay this remaining OMR 2000 because it is a limited liability business d. Mr. Abdullah will only pay the OMR 3000 to the bank The following are features of a corporation except a. Shareholders are personally responsible for the debts of the company of b. Corporation is a legal entity c. The life of company is separate from the life of owners d. Shareholders liability is limited to investment