Question One

1. Discuss the sellers fundamental obligation during the Sale of Goods transaction between the seller and the buyer (5 Marks)
2. Differentiate between performance bonds and letter of credit in the procurement contract (5 Marks)

Question Two

1. Evaluate FOUR issues in terminating an offer under Sale of Goods Contract (5 Marks)
2. Section 1(4) of the Sale of Goods Act states that a contract for the Sale of Goods may be absolute or conditional. Explain (5 Marks)