Question: Please answer in IRAC format. Issue, Rule, Analysis, and Conclusion. 2). Pet food giants PetCo and DogCo have decided to merge. PetCo will purchase all

Please answer in IRAC format. Issue, Rule, Analysis, and Conclusion.

Please answer in IRAC format. Issue, Rule,

2). Pet food giants PetCo and DogCo have decided to merge. PetCo will purchase all of DogCo's outstanding shares and any shares present shareholders wish to sell. PetCo will retain its name as the name of the newly merged company. PetCo will also take ownership of all DogCo assets. A] Prior to the merger DogCo had incurred a debt of $500,000 owed to various manufacturers of dog food or other dog accessories. Bejeweled, a maker of dog accessories, sues PetCo to recover on its $250,000 portion of the debt. PetCo argues that it is not liable because in its contract with Dog Co, DogCo did not list the debts. Will that argument win? Explain

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