In late June 2019, Moving Feast Ltd was advised that a customer, Mr B Geeta, was suing the company for damages. The customer had contracted with Moving Feast Ltd to provide catering at their wedding reception which was held in a remote location in the country in late May 2019. Moving Feast Ltd has a range of alternative menus (based on the type of food provided Vietnamese, pizzas, barbeque). The customer had chosen the barbeque menu which included a range of meats and salads, and paid $50 per person for 200 guests. However, many of Mr B Geeta's guests had above average appetites (as many were for example, body builders, sumo wrestlers or similar). This meant that the food provided by Moving Feast Ltd was not sufficient to feed all of the 200 guests. Given the remote location, further supplies of food were not able to be obtained to make up for the shortfall. Many of the customers guests were hungry, dissatisfied and angry. The customer, Mr B Geeta, is requesting a refund of the full amount he paid ($10,000) plus damages of $200,000 as he is claiming that the lack of food for his guests led to a disagreement with his brides family and damaged their relationship (his new wife has subsequently left him). The contract with Mr B Geeta described the average portion size that would be provided, and advises customers to consider whether their particular guests would require 'more' or 'less than average. However this is in very small print and could easily be missed, and therefore it could be argued this was not transparent and could mislead customers. Given this legal advice, there is a 70% probability that the company will be required to refund the money paid by Mr B Geeta. However, legal advice has indicated that there is no possibility that the company will be required to pay any of the damages claimed. It is expected that the case will be decided in court in October 2019. Required: Explain, in your own words, whether (and how) each of the above legal claims (1. the claim for refund and 2. the claim for damages) should be recognised and/or disclosed in the financial statements and notes for the year ended 30 June 2019. Give reasons for your