Question: Please provide the answer in at least 200 words CASES FOR DISCUSSION Case #1 Fred runs a small business selling customized signs and banners. Dennila

Please provide the answer in at least 200 words

CASES FOR DISCUSSION Case #1 Fred runs a small business selling customized signs and banners. Dennila ordered 15 custom-designed and printed banners from Fred for an event she was planning. The order cost $26,500. Unfortunately, the event was a disaster. only one third of the people Dennila had hoped to attract bought tickets and showed up. As a result, Dennila defaulted on her payment to Fred for the order he delivered. Fred, needless to say, is very angry and cannot afford to write off the money owed to him. Knowing you took an excellent course on business law at your college and still have your textbook, Canadian Business Law Today, for reference, he has come to you to ask advice as to what his options are in these circumstances. You know that the monetary limit for a claim in small claims court in the province where Fred operates his business is $25,000. Outline for Fred the different methods available to him in trying to collect his outstanding account against Dennila. Explain the benefits and problems that each approach may present. (@LO 2.1)

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