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List and explain the various sources of law. Include in your answer a definition of the concepts and an examples or illustration of the various sources. Discuss the principles of free market economics versus a regulated economy. Include definitions of the concepts, what is included in the different approaches to management of the economy, comment on the assumptions regarding human behaviour, give illustrations where appropriate, and discuss which approach promotes a more efficient economy. Discuss the concept of incorporation. Include in your response a comparison of an incorporated business versus and unincorporated business, how a business becomes incorporated and the benefits and drawbacks of each. Define the following: (a) invisible hand theory, (b) indoor management rule. (c) share and share capital. Adam wishes to throw a surprise fortieth birthday party for his mother. He has saved some money from several small jobs, including as a paperboy, he has worked in between his high school attendance. But he needs to borrow about $1,000 from kind Uncle Bert. Bert is Adam's mother's brother. Adam is talking to Uncle Bert at a family barbeque, who is happy to help out and so he lends Adam the money on the understanding that Adam can pay it back when he starts his new summer job at the supermarket. Adam contacts caterers, decides on the menu, and pays a deposit. He then spends all of Uncle Bert's money on the party. Afterwards He can't repay Uncle Bert as he decides not to take the supermarket job but to travel to New York for the summer. Uncle Bert wants to know if there is a contract existing between he and Adam and if he can recover his money