Page 1 of 12 Page 2 of 12 Part A: Contracts Law Question Read the Contracts Law question below. Ken then replies: "Are you still my girlfriend?" His girlfriend angrily and menacingly looks at Ken and screams: "AAARRRGGGHHHH!" and then storms out from the restaurant leaving Ken with the now broken Rolexx' watch and also with the bill to pay for the meal. In 750 words (+/- 10% is allowed), answer your chosen question using the IRAC method. . Your answer must be supported by relevant, genuine and authorised sources. A minimum of 3 genuine and relevant references are required for this part of the report. Ken now wants to know if he has any right of action against the shop keeper that sold him the watch. If he has any rights, then what action can Ken take? In your answer, your group needs to work through the elements of a contract and identify them and apply them to the facts in this question. Remember: focus only on Contract Law. DO NOT answer based on Australian Consumer Law - no credit will be given to your answer if you do so. The full citations for all sources cited in your answer must be listed in a Reference list at the end of your report . In addition, any online sources cited in your answer and listed in your Reference List must include a valid hyperlink that allows access to the full text of the source. Ken wants to impress his girlfriend by buying her a gold Rolex watch. He goes to a jewellery shop and looks at all the different types of ladies' gold watches and notices that the price range is from $50,000 to $500,000! Ken doesn't feel well at seeing the prices for these watches being very expensive! The shop keeper hearing what Ken had told him and why he wants to buy a ladies' gold Rolex watch, says that he has one watch which he has kept in the back of his shop. He brings this watch out from the storeroom and shows it to Ken. The watch is a 'Rolexx brand and it's glittering with small diamonds and gold frame and wrist band. The shopkeeper explains to Ken that this is a one of a kind "Rolex. The extra letter 'x is to indicate that it's extra special. Ken is excited but at the same time worries how much this will cost?! "Ken, just for you I will sell this watch for $500.00!" "WOW! Really?! Cool! I will take it!" replies Ken excitedly Ken gives the $500.00 to the shop keeper and he hands to Ken the Rolexx ladies watch. Later that evening at a restaurant, Ken surprises his girlfriend with the present. She's very happy but then she notices that the watch is not working! And she looks at it closely and sees the brand name 'Rolexx Ken's girlfriend looks very angrily at him. "Rolexx???!!!" she asks in a deep angry tone which Ken doesn't notice. "Oh yes darling! This is a very special Rolex X watch which is the only one of its kind! Hey!! got an idea, do you want to go and see the X men movie?" replies Ken who doesn't seem to notice that his girlfriend is breathing heavily and looking very menacingly at him. "There's no such thing as a Rolex Xwatch!!!!!! This is a cheap watch! It's a FAKE!" she shouts angrily at Ken and is infuriated at him and slams the watch on the dinner table and the small diamond clusters fall out. "You got ripped off! And no, I am not watching a movie with you... EVER!" she says angrily