I.R.A.C METHOD

-issue

-relevant law

-apply to the facts

-conclusion

company law question. please give me the answer which contains 10 marks..

need to be follow with the I.R.A.C METHOD.

please provide me the answers.. thanks

BRILLIANT Sdn. Bhd. ("BRILLIANT") is a private company limited by shares whose sole object is to manufacture paper products. The board of directors wishes to expand the business into salmon roe (caviar) farming. Pursuant to this expansion plan, BRILLIANT proposes to purchase 2,000 salmons from SALMON Sdn. Bhd. ("SALMON") at a cost of RM 1 million. Mega, a member of BRILLIANT, disagreed with the idea of salmon roe farming. Advise Mega on whether the contract to purchase salmon from SALMON can be challenged and to have the transaction set aside. BRILLIANT Sdn. Bhd. ("BRILLIANT") is a private company limited by shares whose sole object is to manufacture paper products. The board of directors wishes to expand the business into salmon roe (caviar) farming. Pursuant to this expansion plan, BRILLIANT proposes to purchase 2,000 salmons from SALMON Sdn. Bhd. ("SALMON") at a cost of RM 1 million. Mega, a member of BRILLIANT, disagreed with the idea of salmon roe farming. Advise Mega on whether the contract to purchase salmon from SALMON can be challenged and to have the transaction set aside