ded Assignment Version A MV Spicy LUI Read the case study below, then answer the questions that follow. In 1996 Lebanon and Egypt had signed a bilateral treaty for promoting investments of both citizens in both countries, article 6 of that treaty prohibits any reasures on rioney transfer for the Lebanese citizens in Egypt and vice versa. Sami, an Egyptian citizen having investments in Lebanon deposited 3 million $US in Bank Med, Saida branch matures on 1/1/2020. Since 17/10/2019 Lebanon bave witnessed some restrictions for $ withdrawals and transfers from barks due to econordic and firarcial crisis. On 15/11/2019 Bark Med branch manager of Saida called Sami offerirg him to postpone the maturity date of the deposit for two more years and raised the interest rate frora 10 to 15 % half paid in $US and half paid in Lebanese Pounds. Sami refused and insisted on 20% interest, all paid in $ US and gave the bank one week to reply, after that there was ro con munication between both ur til 1/1/2020 when Sami ordered the bank to transfer the amount of deposit to his bank account in Egypt. Bank Med refused due to decree issued by the counsel of ministries restricting transfers in SUS if there was no urgent case. Also Bank Med inforried Sari that they have postponed the naturity date and accepted to give Sami the 20% interest rate in SUS. Sami refused to postpone the maturity date and decided to sue the bank and claim for the deposit transfer. Bed Assignment 1 Version A_MW_Spring 2019 2020.docx Question number one: (25 marks) Determine if the bank can refuse to transfer the deposit depending on the decree issued from Council of Ministers. Question number two: (25 marks) The consert can be reached in two different ways. Classify the role of the phone call between the branch manager and Sarri with regard to the consent formation. Question nuniber three: (25 marks) Specify if there is any new contract concluded between the bank and Sari concerning postponemert of the naturity date. Question number four: (25 marks) Sami's lawyer decided to sue the bank within the chamber of first instance court in Saida. Justify if his choice was right