1. In early December, DC Manufacturing underwent a major downsizing because of a loss of business. The company laid off 40% of its employees. Ernie Banks was not laid off, but he thought that he probably would be laid off in the near future unless business got dramatically better. In fact, his supervisor told him that he would likely get laid off in January. Ernie decided that if he was going to get laid off anyway, he would rather have the time off between jobs over the holidays, so he quit and filed for unemployment compensation. DC Manufacturing contested granting unemployment compensation. What are the legal arguments that each party should make to justify their position.