Read the fact pattern below and complete an IRAC and submit as a $.$doc, $.$docx, or $.$pdf$.$ Include a simple heading with your name and IRAC $5.$ This IRAC assignment does not have a specific question in the prompt. You must determine issues and solve them.

IRAC $5-$ Wide Range Mics

Donny and Mark own a business $($a general partnership$)$ named Wahlmert Talent, a musical talent agency. Justin, Lance, and Chris are the owners of Syncopated Industries, LLC$.$ Syncopated Industries specializes in manufacturing digital audio production equipment, including mixers, amplifiers, and special effects pedals. All five guys are friends from their days in college at Eastern Washington University when they were in a student Acapella group, "Sing$-$gull Dudes."

At their monthly lunch get together, Donny mentions an artist they are promoting, named Sasha LeRonee. Sasha is a singing pianist with an incredible vocal range, and is able to hit the highest soprano notes, as well as the lowest bass notes. Mark adds that the problem with her range is they can't find a quality microphone that works well throughout her entire range, so it is hard to showcase her talent. They just booked her a concert as the headlining performer in six months but worry about the sound quality with regular microphones. Justin, Lance, and Chris ask Donny and Mark if they would like to form a new business together and develop a microphone that can handle such a massive range. They all agree. They form a new business, Wide Range Mics, Inc., a close corporation. Donny, Mark, Justin, Lance, and Chris each own a $20\%$ interest in the corporation.

Donny takes on the role of CEO for Wide Range and hires some expert technical staff and designers. Donny chooses to outsource the production to a company in Bangladesh. In order to keep costs down, Lance, acting as the CFO, asks the Bangladeshi factory manager to $"$do whatever it takes" to keep costs down and have it ready in two months. The factory manager warns that going any cheaper or faster will require substandard materials and that they cannot guarantee the quality of the product. Lance offers the factory manager $$1000$ cash to proceed anyways, and does not tell any of the other four friends about the factory manager's concerns. The manager accepts, and Wide Range finally develops a microphone that responds very well to an extremely wide range and is ready to test it only three months after forming the corporation.

To test the equipment, Mark suggests they bring in Sasha LeRonee to record a track. While Sasha is recording, she grabs the microphone with her left hand and receives an intense shock and $3^{rd}$ degree burns. She is hospitalized for three months, her left hand is amputated, and her upcoming concert $($which would have earned her $$1$ million dollars$)$ is cancelled. Sasha can still sing, but her days as a performing pianist are over.

You are the attorney retained by Wide Range Mics. You learn about all of the details described above and have a closed door meeting with Donny. Donny wants to know all the legal issues of the scenario, including issues that in the end may not be of concern to Wide Range Mics as a corporation. You tell him there are many, but you will IRAC two issues by the end of the day.

IRAC two issues that must be analyzed to assess Wide Range Mics' legal liability.