Elaborate each question with suitable points and sufficient explanation with examples wherever appropriate. Each part of the question is important and carries 5 marks each

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

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