(a) (b) Kimberley runs a small rm named Kim & Co. in HK providing tutoring services for primary and secondary school exams. Kimberley intends to emigrate to Portugal urgently after the 5\"1 wave of COVlD-19 outbreak happened in HK and posted an advertisement online to sell her tutorial rm. The advertisement states that her rm has around 800 students and about 5500 potential students because of their high reputation in the education industry, and the past monthly income from the rm was average HK$1.5 million. Flamingo is Kimberley's best friend, who heard about her planned move. He visits Kimberley's ofce and expresses his interest in buying the business. Kimberley intended to show Flamingo around the ofce and asked him to meet the business manager who keeps the rm's accounting records. Flamingo did not bother to check the accounts, believing that Kim could not have lied to him. Flamingo subsequently buys the rm for HK$8 million. After Flamingo running the business for a couple of months, he discovers that Kim & Co. never have as many students as Kim claimed in the advertisement, and the past monthly income was just HK$500,000. Moreover, the reputation of Kim & Co. is not as sound in the industry, so there are fewer and fewer potential students. Can you advise Flamingo {fire has any legal rights against Kim ? (15 marks) Flamingo is planning attend an international legal conference on the money laundering case. Can you help him to draft a case scenario regarding money laundering which can clearly demonstrate the three stages of money laundering