analyze the cases in the Questions and Problems: Chapter 40 (8) in Dynamic Business Law Chapter 40 (7 and 8) in Dynamic Business Law For each assigned case, analyze the issue based on the following criteria: Identify the parties involved in the case dispute (who is the plaintiff and who is the defendant). Identify the facts associated with the case and fact patterns. Develop the appropriate legal issue(s) in question (i.e., the specific legal issue between the two parties).Provide a judgment on who should win the case - be clear. Support your decision with an appropriate rule of law.

Problem The City of Herriman, Utah, decided that it would provide water to its residents through a municipal water system. At the time, Herriman did not own any water, wells, or delivery infrastructure, but the Herriman Pipeline and Development Co. did. The city began to acquire the company's assets. It succeeded, much to the distress of a number of the company's shareholders. The shareholders sued the city, arguing that their shares entitled them to access to water and to an ownership interest in the company's assets. The court dismissed the case, and the shareholders appealed. Did the shareholders have a valid ownership interest in the company's assets? Why? [Dansie v. City of Herriman, 2006 UT 23.]