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Question Four (4) [15 Marks] Set out which Parties to a negotiable instrument the following facts would relate to and why. a) Victor promises Emma

Question Four (4) [15 Marks] Set out which Parties to a negotiable instrument the following facts would relate to and why. a) Victor promises Emma whom he owes N$ 6000 that he will pay her what he owes her in due course. (3 Marks). b) Morocco demands settlement of N$ 8000 which one of his creditors owes him by sending a demand in writing. (3 Marks) c) Set out the elements which would give rise to a negotiable instrument. (5 Marks) d) Set out the circumstances which would discharge of a negotiable instrument. (4 Marks)

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