the answer in (IRAC)method. (Issue, Rule, Application and Conclusion) please.

Thank you

Q.1

Patricia Henry attends an industry conference at which she meets an agricultural scientist who is working on a process to extract value from the waste products of feedlots. The scientist is very keen to enter into a joint venture with a significant producer to test and hopefully commercialise the technology. At Patricia's suggestion, the scientist prepares a proposal and presents it to the board of SAFPL. SAFPL is impressed by the technology and the opportunity it presents for the business, but because of the significant investment it is making in the organic farm in the Riverina, is not in a position to take it up. After the meeting, Patricia phones the scientist and says that she would like to invest her own money in the project. Patricia does not tell her fellow SAFPL directors of her decision. Is Patricia allowed to make the investment?