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Business Homework
Define the IRAC method of legal reasoning.  State what each letter in the IRAC acronym stands for, and provide a definition for each.  Give an example of how IRAC is used in a legal setting.  Make-up a hypothetical example, and apply the IRAC method to this example.  Discuss why the IRAC method is important.  
Use Times New Roman font (12 pt.), double spaced, only one line for the heading (Your Name – Date – BA113 – IRAC Assignment). Your paper should provide in-depth thought, insight and analysis.  Use proper spelling and grammar.

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