Question: Assessment Task You are required to write an assignment paper with 3000 words. There are two tasks that you have to give your responses. Read

Assessment Task You are required to write an
Assessment Task You are required to write an assignment paper with 3000 words. There are two tasks that you have to give your responses. Read the given situation carefully. Write your assignment paper based on the required tasks. Each task carries the corresponding number of words. In task 1, you need to analyse the given case and respond to the requirements. Your task 1 must consist of 1000 words and Task 2 with 2000 words. Case to Analyse Local Transportation Company LLC (LTC) was established in 2000 with capital OMR 180,000, LTC funders are Omani nationality, Ahmad invested OMR 85,000, Sadiq invested OMR 55,000, Yahya invested OMR 22,000 and Maeen invested 18,000, LTC employed 50 Omani drivers and 20 mechanics 2 are Omanis and 18 Foreigners in their company. In 2017 the LTC win a tender from Muscat Municipality, LTC sign a contract with Muscat Municipality to transport cleaners within Willayat Mattrah for five years. In 2019, LTC was facing financial trouble, in March 2020 the four partners decided to file for bankruptcy and ending the company. However, the company has an outstanding debt of OMR 210,000 with Bank, unpaid Invoice of OMR 35,000 with spare parts supplier, OMR 7,000 for unpaid rent and OMR 68,250 unpaid salaries. Tasks 1: 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. (200 words) 2. Discussion. Write substantial arguments about the specific law that influences the actions of the partners 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. (600 words) 3. Conclusion. Outline the significant points of information that you have discussed in your paper. (200 words)

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