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Australian Commercial Law | Online Assignment Help

Pedro and Lisa were both retailers selling imported French jewellery in Melbourne, Victoria. Lisa sold her business to Pedro and in the contract agreed that she would not carry on or be engaged in the sale of imported French jewellery anywhere in Australia for a period of two years. One year after selling the business Lisa established a new retail business in Cairns, Queensland, selling imported French jewellery. Can Pedro enforce the contractual promise against Lisa? Advise Pedro using common law contract legal principles and the IRAC method as to what action Pedro can take and the possible remedies he could obtain. You do not need to discuss the essential elements and the formation of a contract topic here. Assume that a valid enforceable contract exists between the parties. Do not apply consumer law or other statute principles in your answer. It is essential that you refer to relevant cases to support the analysis. The IRAC method- Issue, Rule, Application, Conclusion and remedies- requires you to set out clearly and in an organised way these matters:
-Identify the common law legal issues in dispute. What are the broad areas of contract law that are relevant here?
-Explain the principles of law, the rules, that apply and which are relevant to deciding the issue.
-Apply the relevant law to the facts. You may need to consider more than one approach here. There is not always one clear way.
-Conclusion and remedies- after the above stages reach a conclusion on the facts of the problem. Be sure to consider possible remedies for the innocent party.
Support your analysis with case and statute references where relevant.

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