1) ''Sale of Goods Act is an important legislation for regulating commercial transactions''. With reference to the Sale of Goods Act of your country and case law, critically analyse this

statement.

2) "A Romalpa clause is an effective weapon which protects an otherwise unsecured creditor".

Discuss and critically analyse this statement with reference to relevant case law.

3) ''Insurance is a contract of indemnity". With reference to essential elements of an insurance

contract and relevant case law, critically discuss this statement.

4) "One of the main advantages of negotiable instrument is that the need to pay in physical cash is obviated". With reference to the types of negotiable instruments and relevant case law, critically discuss this statement.