IRAC stands for: 1. I = Issue - What is the legal question you are trying to answer. To determine the this question, review the notes posted for the individual module. The legal concepts in the notes are the basis for the issue in your homework. Once you review the concepts, review the facts of each homework question to determine which concept applies. This will help you to identify the legal question for the issue. The Issue is a single sentence that addresses a legal concept related to the case. 2. R = Rule of Law - Once you determine which concept applies to each question you need to list the rule of law, including any exceptions, related to that issue. Here you will provide a definition of the legal theory and concepts, any exceptions to the general rule, and any limitations that apply to the legal question you identified in the Issue. This information is found in the notes associated with the homework question. 3. A = Analysis - This is where you examine the facts of the case and compare them to the rule of law, and any exceptions, you have defined in the Rule of Law. The Analysis requires that you examine the facts of the case and determine whether they meet the definition outlined in the legal theory (or any exceptions). Address only the facts that apply to the homework question. Do not include information, or make assumptions, that does not apply to the information provided. 4. C = Conclusion - This is where you answer the legal question that has been identified in the issue. 1. Anderson and Melissa were roommates. When they were renting their apartment, each agreed to pay half of the cost of the rent and the cable and electric bills. Two months after moving in, Anderson stopped paying his portion of the rent and the bills. Melissa filed a lawsuit claiming that Anderson violated their agreement. One week before their scheduled court date, Anderson agreed to pay Melissa $1,800 to cover the cost of rent and other bills if Melissa would agree to drop the lawsuit. Melissa agreed but Anderson never paid the money. He claimed that the agreement was not enforceable because there was no consideration. What is the outcome