Creme arks' you r ema rental vehicle. Question Four (4) [15 Marks] (5 Marks) Set out which Parties to a negotiable instrument the following facts would relate to and why. a) Victor promises Emma whom he owes NS 6000 that he will pay her what he owes her in due course. (3 Marks). b) Morocco demands settlement of NS 8000 which one of his creditors owes him by sending a demand in writing. (3 Marks) c) Set out the elements which would give rise to a negotiable instrument. (5 Marks) d) Set out the circumstances which would discharge of a negotiable instrument. (4 Marks) Read the following scenarion then draft. an insurance Contract (50 marks) Anna is a successful business woman. Anna enjous benefits of owning a Commercial enterprise by accessing loans and other benefits which come with Setting up an entity. Anna owns 5 vehicles and 2 Building premises; One Situated in Inlind hock, another in ottavi. Namibia respectively. All of Anna's properties are not insured. Anna is worried that should anything happen, (Act of God or Act of Man), all her properties will be destroyed either from: Fire accident, war and rots, theft or even death. She approaches you to draft reminds you of the structy duty st contract taking cognisance of all her items. She Subrogation. to be included in her un insurance contract. Instruction: Assits Anna while setting out clearly the necessary clauses as explanations thereunder. as cuell Page 13 of 13