i need A ANSWER OF 4,5,6 case study

Business LawW:BU4003 Final Test Part A: Each carries 2 marks. question may be answered in approximately two to three sentences or less. Each question 1. Under the Law of Agency, what is the difference between an independent agent and a dependent agenr? 2. What is meant by a collective agreement under the employment law? Can an employee be dismissed without notice? If so, under what ground? 4. Why is Consideration important in a Bailment relationship? What is a Gratuitous Bailment? 5. What is a Lien? How can a Lien be a remedy available to the seller in the event of a breach of the 3. contract of sale? 6. How is a Purchase Lease different from an Operating Lease? 7. What is meant by Leasehold Developments, if a commercial tenant has leased a store space from a landlord? 8. Under the intellectual property rights, what is the difference between a trademark and a paten!? 9. What is the difference between consumer proposal and bankruptey? 10. What is the purpose of a cooling-eff period in sale of goods & consumer contracts? Part B: Each question may be answered in approximately one short paragraph. Each question carries 2 marks. 11. Acme Furnishings Ltd. operated a small manufacturing plant that was housed in a warehouse building that was owned by the corporation, and valued at S500,000. A recession in the house furnishings market forced the corporation to borrow $300,000 from its bank, using the building as security for the loan. Acme Furnishings Ltd. gave the bank a mortgage on the property, and as a part of the transaction, the bank required the corporation to insure the building for fire for its full value and include the bank as an insured. A year later, Acme Furnishings Ltd. was in serious financial difficulty, and the bank foreclosed on the mortgage, but did not evict Acme Furnishings Ltd. from the premises. A few months after the bank's foreclosure was finalized, a fire broke out in the plant, and the building was destroyed. The banlk and Acme Furnishings Ltd. both filed claims for payment under the fire policy. Advise the insurer. Discuss the nature of the claims, and how the claims may be resolved. 12. Why is an insolvent person not necessarily a bankrupt? 13. X purchased an automobile under a conditional-sale agreement from Y. Y registered the agreement in accordance with the provincial security registration requirements. X sold the automobile to Z without revealing the fact that it was subject to a conditional-sale agreement. X defaulted on the payments to Y. Advise Y of his rights at law