Question: NOTE: 1- PLEASE READ CAREFULLY BEFORE ANSWERING THE QUESITONS. 2- ZERO MARKS WILL BE AWARDED TO COPY PASTE. 3- USE EXAMPLE WHERE NECESSARY. 4- IF

NOTE: 1- PLEASE READ CAREFULLY BEFORE ANSWERING THE QUESITONS. 2- ZERO MARKS WILL BE AWARDED TO COPY PASTE. 3- USE EXAMPLE WHERE NECESSARY. 4- IF ONE ASSIGNMENT SUBMITTED BY MORE THAN ONE STUDENT ALL WILL GET ZERO MARKS 5- LATE SUBMISSION WILL NOT BE ENTERTAINED AT ALL. QUESTION NO. 1 What are the negotiable instruments? Define holder in due course. What rights and privileges available to him? (20 Marks) QUESTION NO. 2 Which type of business organisation gives the flexibility of conventional partnership and benefits of company? Differentiate between these three. (20 Marks)

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