Elaborate each question with suitable points


Problem

Elaborate each question with suitable points and sufficient explanation with examples wherever appropriate.

Assume that you have established a restaurant in the "Durrat Al Bahrain" area, and since there is already a large number of restaurants that operate as sole Proprietorship that carry a brand, it has become a legal requirement that your restaurant takes a different legal form from other restaurants.

Taking into consideration the legal situation

a) Apply the legal form of the restaurant as a corporation and elaborate on the different types of corporations and choose the most appropriate one for your restaurant.

b) Apply the legal form of the restaurant as a private limited company and elaborate on the advantages and disadvantages of this form of company.

c) Apply the legal form of the restaurant as a partnership and elaborate on the advantages and disadvantages of partnership.

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Microeconomics: Elaborate each question with suitable points
Reference No:- TGS03213818

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