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BUSINESS LAW QUESTION Answer with a complete IRAC analysis for the following case. IRAC is Issue,...

BUSINESS LAW QUESTION Answer with a complete IRAC analysis for the following case. IRAC is Issue, Rule, Analysis, Conclusion. Issue: (identify issues raised in the cases) Rule: (include every rule of law that applies) Analysis: (Explain how the rules apply and why) Conclusion: (Say how the court would rule the problem).

1. After breaking up with her girlfriend, Jamie was left with not only a broken heart but also with two tickets to an upcoming show of her favorite singer, Avia Maxim. Jamie posted on Instagram that she is selling 2 front row seats including a VIP visit backstage for $2000 each. Seth, an Avia Maxim enthusiastic, messaged Jamie that he would love to buy one ticket from her. After Seth sent the money to Jamie she emailed him the tickets. Happy that she sold one ticket, but yet concerned that she didn’t sell the other, Jamie was looking at the sky while she was walking home. She almost fell into a deep hole in the ground, but Lydia, who was walking by, prevented a terrible accident from happening when she grabbed Jamie’s hand and pulled her away from the hole. Grateful Jamie immediately said: “Wow! This could have ended badly! Thank you so much for saving my life. As a token of my gratitude please allow me to give you a free ticket to Avia Maxim’s upcoming concert. The seat is not the best but she is still such an awesome artist!” Lydia told Jamie she didn’t have to do that but gladly accepted. A) When arriving at the concert venue, Seth found that not only his ticket does not include a VIP visit backstage, the seats are located at the top right end of the stadium, with a very limited view of the stage. Seth is turning to you for legal advice. Does he have any legal recourse against Jamie?

B) When returning home, Jamie realized that Lydia was correct and that Jamie didn’t have to give her the ticket. She called Lydia and apologized, saying she decided to try and sell the ticket and get some extra money. Lydia, who wants badly to attend the concert, believes that she and Jamie have a contract, which Jamie now breached. Is she correct? Explain.

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Answer #1

Answer A= Issue: Is here a breach of sales contract

Rule: For a sales contract to satisfy all the conditioned must be met which are described in the contract

Analysis: Seth had a legal action to be taken against Jamie as the ticket was sold to Seth claiming that the ticket includes front row seat including a VIP visit backstage but in reality, the seat was allocated at the back with a limited view and no visit backstage. This is a clear violation of the terms of sales of the ticket.

Conclusion:- Looking at the facts, it is clear that the court will give a verdict in favor of Seth

Answer B= Issue: Is there a breach of contract

Rule: as per law the breach of the gift will not be considered as the breach of the contract if the gift is given without any consideration

Analysis: As in the given case, Lydia saved Jamie without expecting anything in return hat is no consideration and she received a ticket in a gift from Jamie, so this is clearly a case of gift contract. As we know that any gift without consideration can be breached as it lacks the consideration

Conclusion:- Looking at the facts, it is clear that the court will give a verdict in favor of Jamie as there is no breach of contract from his side.

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