Hi everyone.

Could you help me with this question?

Country of jurisdiction: Australia.

Instructions: There are five case studies you are required to critically analyse. With respect to each case study: V Identify the legal issuels) arising from the facts of the case study J Identify the appropriate legal rules that requires discussion in the case study V' Apply the law to the facts of the case study / Reach a conclusion/ give practical advice to your client. Your analysis should refer to appropriate cases and statutes and be referenced using the APA Reference system. Question 2 [20 marks! Elizabeth is a major shareholder in Millennial-Relics Pty Ltd. Elizabeth and has noted that the company maintains the old-fashioned 'memorandum of association' which has been prepared for Millennial-Relics Pty Ltd. The objects clause as drafted, limits the objects of the company to the development, manufacture and sale of motor vehicle batteries. Elizabeth believes that the research work that Rahim is doing {and future technology which may be developed as the full implications of Rahim's work are realised} may have spin- offs into a number of related areas including dynamos for driver-less electric cars. Elizabeth has spotted an opportunity that may allow the company to enter into a contract with like-minded companies for the development of state of the art dynamos that will be compatible with all types of electric cars. She is however concerned that the narrowness of the 'memorandum' may hamper the company's ability to move into the emerging lucrative area and also the development and commercial exploitation of the dynamos which the company's ongoing research may uncover may not he pursued lawfully. Elizabeth has read that there is no legal reason to have a memorandum or articles, even if they are now called a corporate constitution. The company's research may also expose potentially exploitable products or secret processes in other areas related to artificial intelligence. When Elizabeth raised these concerns with the compa ny's other shareholders, they told her that they had been advised by the lawyers that this was the standard form for their companies, and that there was no cause for concern. Elizabeth is not convinced. REQUIRED: With reference to relevant legal principles use the IRAC legal problem-solving approach to advise Elizabeth of the company's position regarding any new contracts that it may enter in connection with the development of dynamos for driver-less electric cars and also explain how the replaceable rules may be of use to the company in the future