A. Determine the capital requirements for the proposed/identified New Venture eg

A. Determine the capital requirements for the proposed/identified New Venture eg: (rent/purchase facility (building space etc) equipment machinery furniture supplies salary and wages start-up/pre-operating costs etc) say how and where these will be sourced and procurement procedures. ubub (30 marks)ubububububububububububB. Describe the legal liabilities that the proposed/identified New Ventures is exposed to: i. Legal requirements for New Ventures eg. registration of business name opening business bank account arrangements for rent/lease facility or equipment employment contracts business name bank account rent/lease facility or equipment employment contracts etc.ub (30 marks) ii. Legal advice for New Ventures in order to operate legally in Turks and Caicos: for start-up activities contracts intellectual property patent copyright hiring of employees tax benefit lawsuits by employees breaches of local laws/regulations licenses intellectual property infringements rental or lease agreement etc. (30 marks)

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