What happens if you get caught?
The examining body of CBFS may punish offending students in any manner that they deem fit. Typical punishments may range from reduction in grades, making students re¬sit modules and even failing students on a module or an entire award. The college considers this form of cheating as a serious offence. Therefore be forewarned!
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