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Using the IRAC model answer the following question. Include references and intext citations using the latest APA style 1) Jim offered to buy Jamess Porsche

Using the IRAC model answer the following question. Include references and intext citations using the latest APA style

1) Jim offered to buy Jamess Porsche motor vehicle. Jim gave James 2 weeks for an answer. Two days after, Jane offered to sell her Porsche motor vehicle to Jim for which he was very excited to purchase because she had the latest model. Jim called James and told him personally that he is no longer interested in purchasing his Porsche. James is very upset, because he was keen to sell. He is of the view that Jim cannot withdraw his offer because the two weeks has not elapsed. He knows that you are a business law student at Open Campus and sought your advice on the matter. Advise James. Will your answer be the same, if Jim failed to communicate to James within the two weeks that he no longer is interested in purchasing Jamess Porsche motor vehicle and James accepted on the last day of the end of the two weeks?

2) Trump Limited (TL) is a well-known trucking company that transports goods from the port to various destination within Trinidad and Tobago. Trump Limited is seeking a truck maintenance firm to provide routine maintenance to their fleet of 100 trucks. Putin Limited (PL) has a truck maintenance firm, who is interested is providing Trump Limited with maintenance services for their trucks. Trump Limited requested that Putin Limited makes a bid for maintenance services and on the 1st January 2022, Putin Limited submitted a bid for the sum of one million dollars per year inclusive of all related spare parts. On the 1st February 2022, Trump Limited informed Putin Limited that they have been selected to provide routine maintenance services for their trucks and required Putin Limited to enter into an agreement with Trump Limited. The contract was effected on 15th February and contains the following provisions/terms: Putin Limited will provide normal maintenance to certain trucks. Trump Limited will pay Putin Limited customary maintenance fees. Within one month of this arrangement, one of Trump Limited trucks ran off the road and was badly damaged. The accident was largely due to faulty brakes, which was not properly maintained. Trump Limited is very upset about the loss and plans to sue Putin Limited for the cost to repair the truck. However, Putin Limited is of the view that some of the terms of the contract are not clear, and as such this affects the validity of the signed contract and Trump Limited has no grounds to sue. Putin Limited knows that you are currently pursuing Business Law and sought your advice on this matter.

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