Reference no: EM132862131
GHL6006 Business Structures And Regulations - Gulf College
Learning outcome 1: Identify and critically analysis the main business organisational structures within Sultanate of Oman in terms of legal personality, status, formation and administrative requirements
Learning outcome 2: Demonstrate through written essays analysis and reasoning skills and the ability to apply to realistic scenarios through the use of company law provisions and common law principles.
Learning outcome 3: Appraise the concept of corporate governance and its importance, appreciating the role of the Companies Acts and precedents in creating a legal framework for companies.
Learning outcome 4: Examine the various duties, rights and forms of liability within the business context
Assessment Task
You are required to write an assignment of 2000 words. The case given below is the base of your coursework. Clearly understand the case. Critically analyse it before you start writing your coursework paper. Answer the set tasks in a well organised manner.
Case to Analyse:
You are running a legal consultancy firm in Muscat. You have been approached by two Omani ladies Aber and Najwa who together want to start a wholesale business. They need your advice on which business structure will be suitable to establish Limited Liability Company or general partnership for their proposed business.
Investors required to get information on legal requirement if the company will face financial trouble, and if the partners decided to file for bankruptcy and ending the company.
Your legal consultancy firm has agreed to provide consultancy services to them.
Tasks to do:
In this coursework, you are required to Choose one from the two different business structure mentioned above as the basis of your recommendation to Aber and Najwa. In addition, write the substantial answer of the tasks given. Construct four subheadings based on the tasks given below.
1. Introduction. Write clear introductory statements, which would outline the Business Laws in the Sultanate of Oman that is related to the case set for analysis. State the objectives of your coursework. (300 Words)
2. Discussion. Prior to the acquisition of a company's legal personality the investors need to comply with the requirements in accordance with the law. You are required to critically analyse and discuss the formation of the business which includes the documents required, all the costs involved, prescribe time needed for approvals at the different phase, advantages, and disadvantages of the chosen business structure. Write substantial arguments about the specific law that influences the actions of the partners (Aber and Najwa) in the given case. Justify your arguments by supporting them with pieces of literature. Ensure that correct in-text citations are reflected in the full text of your paper. List the sources of your supporting materials in the last section of your paper which is the References list. (1400 Words)
3. Conclusion. Outline the significant points of information that you have discussed in your paper. (300 Words)
4. References: References: A minimum of 15 references are required and be listed as per Harvard Referencing style. A proper in-text citation is necessary.
Attachment:- Business Structures and Regulations.rar