A. Mr. B.B. Banda, an experienced farmer, bought a chemical sprayer made by a certain company and in the process of using and operating the chemical sprayer he was harmed and he is only able to breathe through one nostril and cannot see clearly using the left eye. He bought this sprayer from a retailer in Kamwala. Required: State and explain the legal principles that provide a basis of why a manufacturer can be held liable for harm caused by use or operation of the manufacturers product by Mr. B.B Banda. [5 MARKS] B. Explain with five (5) reasons why an employer must provide Group Life Cover to its employees. [5 MARKS] C. What is the objective behind risk loss control? Explain why the concept of loss minimization is critical to the overall company goal of profit maximization? [5 MARKS] D. Explain the term Insurance. [2 MARKS] E. Outline and describe four (4) REASONS WHY reserves are held by insurers that are meant to prevent loss of assets, protect policy holders and ensure payment of claims. [8 MARKS] [TOTAL: 25 MARKS]