The definition of a Bill of Exchange under the Bill of Excange Act 161 (Act 551) contains certain salient ingredients. With the aid of decided cases and relevant statues discusss the salient features of the Act . (25 marks marks) 2. (a) What is Ratification under the Agency Principle. (b) With the aid of decided cases discussed the requirements and effect of Ratification. (15 marks). 3. Is banker-customer relationship contractual? If so, are there some implied terms therein? If so, what are they? Discuss wth the aid of decided cases