In IRAC format:

As so many people are spending more time at home as a result of current world events, All Electronics Here is considering expanding into the video games market.All Electronics Here engages Chidi, a financial adviser, to provide advice about whether this decision would be financially sound.Chidi prepares a report recommending the expansion.Chidi consults the range of research resources that are usually taken into account by financial advisers preparing this kind of advice in Australia.However, he does not take into account the fact that stocks of video game products are currently very limited in the market.This is a matter of common knowledge and is a matter that has been reported in the mainstream media.

All Electronics Here, acting upon Chidi's advice, decides to expand into the video games market and undertakes a significant (and costly) advertising campaign.It also purchases a new warehouse in Melbourne for $800,000.Since stocks of video game products are very limited in the market, All Electronics Here's expansion is unsuccessful.It suffers heavy financial losses from its advertising campaign and also from the costs of its new warehouse.

All Electronics Here seeks compensation from Chidi, believing his advice was negligently prepared.

Explain whether All Electronics Here is able to claim its losses from Chidi, according to the law of negligence.Please address all steps required for a negligence question.Make sure that you fully explain your answer, and that you refer to relevant sources of law (cases and legislation).