51) Explain the IRAC method of case analysis. 52) Explain the doctrine of stare decisis and how it has influenced the legal system. 53) How is the federal government divided? Why are checks and balances necessary? Explain with instances S4) How is power divided between the federal government and the state governments? 55) Distinguish between limited protected speech and unprotected speech as categorized by the U.S. Supreme Court. 56) Give an account of the social responsibility of businesses and list its four main theories. 57) When and how can a plaintiff claim damages if the defendant hus breached a duty of care? 58) Explain the doctrine of strict liability with examples. 59) Compare the tort doctrines of negligence and misrepresentation 60) What are product defects? What are the most common defects that will allow plaintiffs to recover for strict liability? 61) Describe the functions of the statute of limitations and the statute of repose. 62) Explain the role of penal codes and regulatory statutes in criminal law. 63) Why do governments and defendants enter into plea bargains? 64) Explain the basic requirements that must be met for a contract to be enforceable. 65) Explain the doctrine of equity with reference to contracts. 66) Compare valid, vold, voidable, and uncnforceable contracts. 67) Give an account of the express terms that are parts of an offer. 68) Describe the infancy doctrine with reference to legal contracts. 69) How is a mistake different from fraud? 70) Explain undue influence with an example. 71) How are contract words and terms interpreted? 72) Explain assignment of rights. 73) List and briefly explain the advantages and disadvantages of a sole proprietorship. 74) Compare and contrast publicly held and closely held corporations 75) What is the supramajority voting requirement for shareholders? 76) Give an account of the directors and corporate officers' duty of care toward the corporation 77) Describe the doctrine of piercing the corporate veil. 78) What is a proxy? State the federal rules that govem a proxy statement. 79) Distinguish between a merger and a share exchange. 80) Explain the process that exempts members of an LLC from double taxation, 81) Explain the four basic types of franchises in brief