1. Please take a concept from Business Law and clearly explain that concept. Then take an experience from real life and clearly explain how it illustrates the concept (if you have no real life experience then it is permissible to make one up). Your answer should be no longer than one page in length. (20 marks)

1. Explain the term counter offer and give an example to illustrate your answer. (5 marks)

1. Explain the term innocent misrepresentation and provide an example. (5 marks)

1. Why are contracts for life insurance an example of a contract of "utmost good faith"?

(5 marks)

1. Explain the term undue influence and provide an example to illustrate your answer.

(5 marks)