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  3. be sure to use the irac format. the analysis secti

Be sure to use the IRAC format. The analysis section of IRAC is worth 40%,...

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Accounting

Be sure to use the IRAC format. The analysis section of IRAC is worth 40%, where the Issue and Rules sections are only 30% each (there's no credit for the Conclusion). So be sure to put most of your effort into the analysis section.

3. Robert is a pastor at United Church. One of the members of his congregation, Mrs. Smith, is a devout believer. Robert convinces Mrs. Smith to sell him her farm for $5,000. The actual value of the farm is $100,000. Smith dies and her estate sues to get her farm back. Result? Reasons?

4. Rich kid Sid is a 15-year old high school student. He purchases a computer at a local store for a computer class, but wants to return it after using it for a couple of weeks because he wants to get a better model. What can Sid do and why?

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