Saudi Company Law: Chapter 7 Business Organizations 1 2 Art. 2
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Questions and Answers

Which type of company is defined as a contract under which two or more persons undertake to participate in an enterprise for profit, by contributing a share in the form of money or work?

  • Joint stock companies (JSC)
  • Joint venture
  • General partnership (correct)
  • Limited partnership

    • Which authority regulates companies listed in the Capital Market in Saudi Arabia?

  • Saudi Arabian General Investment Authority (SAGIA)
  • Capital Market Authority (CMA) (correct)
  • Executive regulation
  • Ministry of Commerce and Investment

    • Which legal framework does the Saudi company system derive from?

  • French law through Egyptian law (correct)
  • German law through Turkish law
  • British law through Indian law
  • Chinese law through Japanese law

    • Which authority must investors obtain a license from in Saudi Arabia?

    <p>Saudi Arabian General Investment Authority (SAGIA)</p> Signup and view all the answers

    How many types of companies are established by the new company law?

    <p>5</p> Signup and view all the answers

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