Question
TASK 1 Answer the following questions briefly. (a) Mr. Ahmed, is an Omani, wants to start a business alone, in Oman with capital of 20000(OMR).
TASK 1 Answer the following questions briefly.
(a) Mr. Ahmed, is an Omani, wants to start a business alone, in Oman with capital of 20000(OMR). Which type of business or businesses he can form, (what are the choices available to him), what will be his liability for debts in that business. (5 marks)
(b) 60 Omanis want to form a company with a total capital of 20000 (OMR), wherein all want to have limited liability. Can they form any limited company in Oman or not, explain?
Note: Give me a fresh answer otherwise do not answer. I have all old answers from chegg for this assignment. Good work will be appreciated.
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The Financial Times Essential Guide To Budgeting And Forecasting How To Deliver Accurate Numbers
Authors: Nigel Wyatt
1st Edition
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