Checklist: How to Write an Effective IRAC Response Step 1: Task Understanding * Read the Instructions carefully o Read the Marking Rubric Read the Case Study to identify the Key Facts in the gquestion. e Highlight the Key Facts Step 2: Understand IRAC Watch the IRAC video to understand how IRAC works. s Read the Intro to IRAC handout 1 and Intro to IRAC handout 2 to give you a more detailed understanding of how IRAC works. + Review the_'ldentifying the IRAC Components link' for a quick reminder of what IRAC is and where each of its component parts fits in. Step 3: Review the resources + Read the lecture slides for week 5, 6 and 7 o |dentify the relevant legal principles and case law * Apply the laws to the facts of the scenario question to find a conclusion Purpose: Case studies are analyses of situations or problems to be solved. They are used to communicate challenges and recommendations, in order to drive change. In this assessment, you will apply theories taught in class to a real world business scenario, helping you develop your analysis, problem-solving, and writing skills. In Law Case Study scenarios, we use the IRAC method to analyse and structure our answer lo the guestion. In Part 1 you were guided step by step on how to do IRAC. In this part of Assessment 2, you are ready fo implement the IRAC method fo 2 different Case Study Scenarios (below). Recall you have had some practice with IRAC in Part 1 of this Assessment. e The first Case Study relates to Contract Law, namely, the topic of Formation of Contract The second Case Study relates to the law of contract law and terms. CASE STUDY SCENARIOS & QUESTIONS Case Study Scenario 1 (Contract Law - formation) Q1 (25 Marks) Whilst perusing a catalogue, David sees an advertisement for sale of second-hand books at the University co-op bookshop as follows \"Up to 50% off on all finance textbooks. Hurry! While stocks last. If a customer spends at least 550 in store, they are entitied to a gift card with $30 credit on it which can be used anytime over the next few months.\" David decides to visit the bookshop that afternoon and when there, observes a promotional table which had the sign "All Finance books $10.00. David thought it was quite a bargain, picked up 3 books and went to the cash register handing the cashier $30.00. The cashier told David that the books were wrongly priced and that each of them should in fact be $20.00. David informs the cashier that the only reason he came to the slore was because he saw the catalogue advertising a discount promotion and insists he be sold the books at 10 each. David then enguired whether he could at least get the gift card with $30 credit on it if he spends more than $50 in store, to which the cashier replied, \"No sir, that advertisement was not meant to be taken seriously.\" David is of the view that he is entitled to the gift card with $30 credit on it. Since his dealing with the bookshop, David has fried to take his mind off the missed gift card and decided he needed to purchase a laptop for his University studies. Peter, a marketing student at WSU (who happens to be David's friend), has a Macbook Air which he has advertised on a private sales website, www. lemontree.com.au, for $2000. David saw the advertisement and sends an email to Peter and asked, \"Is this laptop the latest model and does it have a good camera and quality speakers? | can pay you $1500." Peter replied via email, \"Yes it is the Macbook XVIII, the latest premium range and it does have the features you enquired about. | have a lot of interest in the laptop.] am keen to sell quickly.My final price is $1900." David replies via email stating, \"We've got a deal, but | will need to pay you in weekly instalments.\" Peter then states, \"If | don't hear from you in 3 days' time, | assume that you are keen to purchase the laptop. | will need a lump sum amount to be paid I'm afraid.\" The next day David finds out that Peter sold the laptop to his friend Luke for $1500.00. He approaches Peter and says, \"We had a deal, you owe me the laptop\". Advise David whether there are any contracts in existence in the above scenarios and if he has any rights under them. Each of the scenarios should be answered in a separate IRAC. Case Study Scenario 2 (contract law - terms) Donna had just finished watching a movie at her local shopping centre. She went back to the car park to collect her car which she had left at a car wash service located at the car park. As she was inspecting the car, she noticed there was a dent on the boot of her car which had not been there before. She immediately called the car wash attendant and showed him the dent. The attendant replied: \"Sorry lady you give your car at your own risk.\" He pointed to some wording at the bottom of her car wash receipt which stated that: \"The car wash is not responsible for any loss, damage or theft of your vehicle however caused while in our custody.\" At this point, Donna remembered that she had signed the receipt (as requested by the car wash) when she left the car at the car wash before heading for her movie. She also remembered having read the above wording on the receipt and having not understood it, asked the attendant if any type of damage to the car was covered, to which he had replied, "Damage caused by scratching through use of our cleaning products is excluded.\" Advise Donna as to whether she may claim against the car wash for the dent caused to the boot of her car. (10 marks) (Use IRAC to answer both questions). Please refer to relevant case-law in support of legal principles discussed. End of assignment