Using the IRAC Method analyze the cases as assigned. (Review IRAC materials in the modules) Use the relevant Intellectual Property Law and set up your response in the IRAC format to decide who prevails. 1-Decide what legal issue is involved in the case as it pertains to Intellectual Property. (The ISSUE is a sentence phrased as a question that identifies the applicable law) R-Determine what rule of law applies to the issue. (Remember to identify \& define the law) A-Application of the relevant rule of law to the specific facts of the case. C- Indicate your conclusion. (Simple concise statement) Case \#1 - A. Williams Betty Bad sold jewvelry bearing the luxury brand names "Tiffany's" and "Chanel" to jewelry stores. The retailers then sold the jewelry through their brick-and-mortar stores, through websites, and through the internet auction site eBay. The jewelry was high-quality counterfeits, however, that Betty Bad sold at high prices and from which he made hundreds of thousands of dollars in revenues. Each piece of fake Chanel jewelry bore the Chanel stylized design trademark and other Chanel design trademarks. Each piece of fake Tiffany's jewelry bore the Tiffany's design trademark and other Tiffany's design trademarks. The counterfeit jewelry used stones of inferior quality and cuts and inferior chains and clasps compared to the authentic pieces. The counterfeits also contained serial numbers similar to those used by Chanel and Tiffany's. Betty Bad supplied fake certificates of authenticity with each piece of jewelry. Eventually, Betty Bad's scheme was uncovered. In total, 24 pieces of counterfeit Chanel and 83 pieces of counterfeit Tiffany's jewelry were purchased or seized from the jewelry stores. Chanel and Tiffany's. sued Betty Bad