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Explain the concept of partnership and its formation

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Reference no: EM131270183

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Scenario:

Mubarak has just finished his bachelor's degree in Business. His ambition is to start a partnership firm along with his two friends Sayed and Yasser. They decided to meet a business consultant to get appropriate advice on the partnership firm.

Based on the above scenario, please answer the following tasks:

Task 1:
If you were their business consultant, how would you explain the concept of partnership and its formation to Mubarak and his friends?

Task 2
As a business consultant to Mubarak and party, explain two types of partnership that are in practice in Oman under Commercial Companies Law of Oman and advise them to choose the best form of partnership suitable for their Business

Verified Expert

This task is about partnership business. it is 1500 words task and it is MS-Word Report. In this report, basic concept of partnership and its formation are discussed in detail and besides this, types of partnership that are practiced in Oman under Commercial Company Law are also discussed. Harvard referencing is done.

Reference no: EM131270183

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