use IRAC format

Tracey has created a recipe for an energy drink. She believes the drink is so effective she decides to sell it commercially. She wants to sell her energy drink in stores and from an online website. Tracey has chosen to call her drink 'Pink Cow' with the advertising slogan 'Pink Cow lets you fly. A friend mentions to Tracey it sounds similar to the name and slogan of a current energy drink sold commercially, but she thinks they are wrong. She also has included the entire drink recipe on the website. Tracey meets with you wanting to know: 1. Is she likely to encounter any legal issues with the commercial sale of the energy drink? 2. What rights does she have in relation to the recipe? Advise Tracey, referencing the relevant legal principles in support of your arguments