It is important to support your analysis with relevant legal principles, case law and additional research, where appropriate. As part of your answers, you should (where relevant) provide specific examples based on the scenario contemplated below, so as to demonstrate your understanding and application of the relevant concepts. You may make reasonable assumptions, as part of your analysis. Question 1 Maersk is a global integrated logistics company, with its headquarters in Denmark. Its business activities include shipping, port operation, supply chain management and warehousing. Review Maersk's terms and conditions of its bill of lading and answer the following questions. (a) Appraise whether Maersk is able to issue an electronic bill of lading based on the abovementioned terms and conditions. In your analysis, you should discuss how such an electronic bill of lading is able to fulfill one (1) critical function of a traditional bill of lading in the context of a bill of lading's importance in international trade. You should conduct research into the mechanisms and processes of an electronic bill of lading and the issues (if any) arising from the use of electronic bill of lading. Provide examples to illustrate and support your analysis