Business law

Explain the meaning of the following in the law of contract:

a) Conditions

b) Warranties

c) Innominateterms

(3 marks) (3 marks) (4marks)

Total (10 marks)

In relation to the tort of negligence explain what is meant by the following:

a) The neighbour principle

b) Remoteness of damage

c) Liabilityforeconomic/financialloss

(4 marks) (4 marks) (2marks)

Total (10 marks)