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BUSINESS LAW QUESTION Answer with a complete IRAC analysis for the following case. IRAC is Issue, Rule, Analysis, Conclusion. Issue: (identify issues raised in the cases) Rule: (include every rule of law that applies) Analysis: (Explain how the rules apply and why) Conclusion: (Say how the court would rule the problem).

1. On December 10th, 2019, Nash, a famous Instagram influencer, emailed a signed offer to Melody Inc., an online musical instrument shop, to endorse the store on his stories once a day for a week, in return for 4 electric guitars. The offer also mentioned that it is irrevocable until January 10th. On December 20th, Nash got a call from Harmony Inc., Melodys competitor, who was planning to open a new store in NY in the fall of 2020. Harmony wanted Nash to post about the store in the weeks before and after the opening and offered him $400,000 in return. The posting schedule started on November 25th, 2020 and lasted one month. Nash agreed and immediately emailed Melody to say that he was revoking his offer from December 10th. Melody emailed Nash on December 25th that the store accepts his offer from December 10th. A) When Nash refuses to advertise Melody, the store sues him for a breach of contract. Judgment for whom?

B) On October 12th, 2020 Nash called Harmony to get more details about the type of posts theyd like to see in the ads. Harmony, however, said that the store management has decided not to work with Nash, because by the time Harmony was about to open the store, Nash has lost many of his followers. Nash sues Harmony for breach. Judgment for whom?

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