(a) What are the differences between "Bills of Exchange" and "Cheques"? (5 Marks) (b) Goldoni runs a small firm named Goldoni & Co. in HK providing trainings for English exams. Goldoni is going to emigrate to Italy urgently during the 5"h wave of COVID-19 outbreak in HK and posts an advertisement online to sell his firm. The advertisement states that his firm has around 500 students and about 5000 potential students because of their high reputation in the industry, and the past monthly income from the firm was average HK$1 million. Kenny (Goldoni's best friend) visits Goldoni's office and expresses his interest in buying the business. Goldoni shows Kenny around the office and asks him to meet the business manager who keeps the firm's accounting records. Kenny does not bother to check the accounts, believing that Goldoni could not have lied to him. Kenny subsequently buys the firm for HK$8 million. After Kenny running the business for some months, Kenny discovers that Goldoni & Co. never has as many students as Goldoni claimed in the advertisement and the past monthly income was just HK$200,000. Moreover, the reputation of Goldoni & Co. is not sound in the industry, so there are no potential students. Can you advise Kenny if he has any legal rights against Goldoni? (15 marks) W BUS2107 Legal Aspects of Business 2021-22 2nd Term (c) Kitty will attend an international legal conference on the money laundering case. Can you help her to draft a case scenario regarding money laundering which can clearly demonstrate the three stages of money laundering? (10 marks)