Respond to the following questions

1. With reference to the sale of goods act, or the equivalent law on sale of goods in your country

Explain the meaning of the rule nemo dat qupod habet. Discuss four exemptions to the rule

2.With reference to the law of sale of goods

Highlight two purpose of incoterms

Outline three duties of the seller under delivered a place (DAP) contracts of sale.

Describe five salient features o price in a sale of goods contract

3.Discuss five circumstances under which non-owner of goods might pass a valid tittle to the buyer in a sale of good

4.Discuss four remedies available to the buyer in case a seller breaches a contract of sale of goods

5.With specific reference to sale of goods contract

Explain two implied warranties

Identify four essential characteristics of a sale of goods contract.

6. With reference to the law of tort, defamation is the publication of a statement which reflects on a person's reputation and tends to lower him in the estimation of right-thinking members of the society. Discuss three essential aspects of the defense of fair comment in an action of defamation.

7. In administrative law, there are so many ways of so many ways of dispute resolution; arbitration as one of them is the settlement of any commercial dispute between two parties by one or more persons called the arbitrator. List six advantages of using arbitration in reaching a settlement in commercial disputes.

8. An insurance contract is where an insurer undertakes, in consideration for a sum of money known as premium paid by insured on happening of a specified future event. Elaborate on ways in which an insurance contract may come to an end or terminate.

9. Guarantee contract is when a guarantor signifies that he will be held liable if the principal debtor fails to pay the creditor. Outline four ways in which surety might be discharged from a contract of guarantee.

10. According to sources of law, the bill is drafted by parliament and passed by the national assembly which presents to the president for his assent where by it will be passed into a law through some stages. Discuss the president's refusal to assent to the bill.