Homework assignment. 1.On June 15, a newspaper columnist predicted that the coast of State X would be flooded on the following September 1. Relying on this pronouncement, Gullible quit his job and sold his property at a loss so as not to be financially ruined by the flood. When the flooding did not occur, Gullible sued the columnist in a State X court for damages. The court dismissed the case for failure to state a cause of action under applicable state law. On appeal, the State X Supreme Court upheld the lower court. Three months after this ruling, the State Y Supreme Court heard an appeal in which a lower court had ruled that a reader could sue a columnist for falsely predicting flooding. a. Must the State Y Supreme Court follow the ruling of the State X Supreme Court as a matter of stare decisionse explain. 2.Sam Simpleton, a resident of Kansas, and Nellie Naive, a resident of Missouri, each bought $85,000 worth of stocks at local offices in their home states from Evil Stockbrokers, Inc. Evil Stockbroker, Incis incorporated in Delaware with its principal place of business in Kansas. Both Simpleton and Naive believe that they were cheated by Evil and would like to sue it for fraud. Assuming that no federal question is at issue, assess (explain) the accuracy of the following statements: a.Simpleton can sue Evil in a Kansas state trial court. Please explain. b.Simpleton can sue Evil in a federal district court in Kansas. Please explain. c. Naive can sue Evil in a federal district court in Missouri. Please explain