solved ContentPurpose of Assignment: The purpose of this assignment is to

ContentPurpose of Assignment: The purpose of this assignment is to explain how business laws affect businesses as well as consumersCourse Competency: Evaluate transactions between businesses and other parties.InstructionsContent:For this assignment you will be researching and discussing a recent court case that involves the impact of business laws on consumers. A woman sued McDonalds after being burned by coffee, FedEx and Uber drivers have sued the respective companies, and companies are sued every day for food poisoning or product liability issues. Each lawsuit has an impact on consumers through higher prices, the availability of products, etc. There are numerous laws in place meant to protect consumers, including through the Food and Drug Administration, Consumer Sales Protection laws, and laws against monopolies, to name a few. For this assignment, follow this link to access Entrepreneur magazine’s “Court Case” section: https://www.entrepreneur.com/topic/court-cases.Select one of the cases from the site. You can and are encouraged to research the case, the laws involved, and any additional information through Lexis, FastCase, or by other internet research. Write a summary of the case, including:Who filed the case, and under what theories of liability (laws) did they file the case?Why did they file the case? What happened?What are the facts?If the case was decided already or settled, what was the outcome?Why was the outcome reached? If the case is ongoing, what arguments are each side making?What outcome will this case have on other businesses in the future?Format:Your assignment should be approximately two pages in length, with proper formatting, spelling and grammar. You should use at least 3 primary legal sources.ResourcesResources include Microsoft Word, Lexis Advance, FastCase, or Entrepreneur.com.