!PLEASE SOLVE ASAP!

Q2. In a Joint Liability Company the shares are:

A not negotiable

B. negotiable

C. transferable

D. partly negotiable

Q9. Mr. Ahmed and Mr. Abdulla both UAE Nationals would like to register their business as a partnership. Mr. Ahmed would like to take on unlimited liability and Mr. Abdullah would like to take limited liability.

REQUIRED:

Question:- (1) According to company law what is the best option (which type of partnership? Joint Liability Company OR Simple Commandite Company) to register their business &

(2) Who should be acting and silent partner, explain why, and (2) Can Mr. Abdulla work as a Manager for this company.

Q15. In a Simple Commandate company an acting partner is personally not responsible to the creditors.

True

False

Q18. A silent partner can be a Manager for a Simple Commandate company.

True

False

Q23. In a Joint Liability Company, a legal person could, be a one of the partner.

True

False

Q24. A Simple Commandate company will be in the name of:

A. Few important partner

B. All silent & acting partners

C. Acting partners

D. One or more silent partner