Law of business.

**BUSINESS LAW CLASS**

Read the chapter on Torts and Strict Liability (Ch. 6 of your 8th edition textbook.)

Read the Mcdonald's case and summarize with an emphasis on the legal issues. Answer the questions:

1. Describe your (thoughtful) opinion of tort law.

2. Advantages of tort law for businesses?

3. Advantages of tort law for consumers?

4. Disadvantages of tort law for businesses?

5. Disadvantages of tort law for consumers?

6. Describe your understanding of who benefits from tort law protections?

Page |5 QUESTION 5 With the aid of relevant case law and statutory provisions, discuss any five (5) obligations of the seller under a contract for the sale of goods in Ghana. ---END OF PAPER--1 -2 I1 -7 3 26 -2 2 Use Gauss Jordan to solve the above system of equations. You only need to transform your matrix to the point where it looks like this: 1 # # # 1 # # # #. (# means the values that result from row operations)SOLVE ALL QUESTIONS CORRECT AND CLEAR I GONNA VOTE UP 1. Give and draw the pdf and cdf of a uniform random variable X. Find the mean and the variance of X. 2. Give the pdf and cdf of an exponential random variable X. 3. Give the pdf, cdf, and Q function of a standart Gaussian random variable X. (unit variance, mean zero) 4. Give the Markove and Chebyshev inequalities. 5. Give the moment generating function and characteristic function of a random variable X. How can the moments be found from the moment generating function and characteristic function