This activity will tests your knowledge and understanding of Obligations and Contracts. Discuss the different topics stated below and present relevant provisions and one theoretical example that will support will your answer. It should be your own answer/understanding and not copy pasted from google or any site. 7. Who bears the loss in case of failure to deliver due to fortuitous event? (200 words) 8. Circumstances when demand is no longer necessary in order for delay to set in (200 words) 9. Compare and contract suspensive and resolutory condition (200 words) 10. Compare and contrast impossible and illegal condition (200 words)