QUESTION 1: CLO 1 DISCUSS the various sources of Malaysian law using relevant examples. (25 marks) QUESTION 2:CLO 2 A contract is an agreement that the law will enforce. It is an agreement that one party or parties will do something or refrain from dding something in exchange for something of value from the other party or parties. An offer becomes a contract once the offer is accepted. DISCUSS the various elements for formation of a contract with relevant examples. (25 marks) QUESTION 3:CLO 3 A Contract of agency can be express or implied from certain circumstances and conduct of the parties Discuss the ways in which agency may arise. (25 marks) QUESTION 4:CLO 4 Muthu and Meng are close friends, who have just graduated from a local university in Engineering. They are not keen to work as Engineers but contemplating of venturing into business, but unsure whether to operate it as a Sole Proprietor, Partnership or Company. They have approached you to explain the differences, as they are aware you are a business student Advise them accordingly. (Total: 25 marks)