The document is an assignment for distance learners at Golden State College of Business and Technology, focusing on business law topics. It includes questions about seller obligations in contracts, warranty obligations regarding defective products, validity of contracts by non-owners, principles of insurance, and types of business and commercial instruments. Students are required to provide brief answers to these questions.
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Business Law Assignment -Golden
The document is an assignment for distance learners at Golden State College of Business and Technology, focusing on business law topics. It includes questions about seller obligations in contracts, warranty obligations regarding defective products, validity of contracts by non-owners, principles of insurance, and types of business and commercial instruments. Students are required to provide brief answers to these questions.
We take content rights seriously. If you suspect this is your content, claim it here.
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March 2024
GOLDEN STATE COLLEGE OF BUSINESS AND
TECHNOLOGY
Business Law Assignment for Distance Learners (BA degree)
Give short and Brief Answer for the Following Questions
1. Discuss obligations of the seller in contract of sale?
2. Ato Degu bought a Laptop for a certain amount of money from Ato Zerihun being informed that the Laptop is defective. How is the obligation of warrant of Ato Zerihu against defect owing to laptop? 3. Do you think the contract concluded by a person who is not an owner is a valid contract of sale? 4. What is insurance? Discuss principles of insurance. 5. Clearly discuss what principle of indemnity is. 6. Explain the six types of business organizations? 7. List and explain the types of commercial instruments 8. Explain the types of negotiable instruments?