Bank Muscat LLC is an exam
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A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
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- Oman Oil company is the example for a. Sole Proprietor b. Corporation c. Partnership d. All the options are wrongWrite True or False, then briefly explain the statement. 1. A corporation or business partnership can be an incorporator but not a corporator.Which of the following forms of business organization formats does not offer at least some liability protections to the owners Select one: а. С CORP b. LLC c. S CORP d. LLP e. GENERAL PARTNERSHIP O O O
- Which type of business organization provides the least amount of protection forbankers and other creditors of a company?a. Partnershipb. Corporationc. Proprietorshipd. Both a and cWrite T if the statement is correct and F if the statement is incorrect. On the space provided, briefly explain using the concepts discussed why your answer to a statement is T or F. 2. A corporation can be an incorporator in another corporation.Compare the advantages and disadvantages of a sole trader with a company as a choice of business structure. In your answer, you must refer to Salomon v Salomon & CoLtd Case
- ________ is a separate entity and in that capacity can borrow from banks, bondholders, preferred stockholders, and common shareholders. A. limited partnership B. sole proprietorship C. government organization D. public company1. What is a Statement of Changes in Equity? 2. What are the elements of an SCE? 3. Differentiate the SCE of a sole proprietorship, a partnership and a corporation.16- Which of the following businesses can be an LLC? a. Bank b. Insurance company c. Supermarket d. All the options are correct
- Please decsribe, explain and give examples to the following terms so I can understand well: 1. Incorporators/Corporatios 2. Shareholders/Members 3. Promoters 4. SubscribersFor business it is difficult to expand and increase the number of branches: O a. Corporation b. Corporation O c. Sole Proprietorship O d. PartnershipMultiple choice: All of the following are forms of business organizations except: A. proprietorship B. partnership C. corporation D. governmental unit 2. An entity where ownership is divided into shares of stock is a: A. proprietorship B. trade agreement C. corporation D. mutual agency