We recommend a minimum total of TEN statute and case references per question. Work that includes sources that are not properly referenced according to the "Harvard Referencing Workbook" will be penalised.Question One: 10% 500 words Answers must be supported by case and statute references. You need to closely consider Chapters 8, 15, 16, 17 and 24 where relevant.Bill is 15 years old and his sister, Jill, is 22 years old. On July 1 this year Bill and Jill buy a Sydney cbd cafe, Fine Food Cafe. In the contract the seller, Dodgy Pty. Ltd., dishonestly states that the weekly takings are $10,000 and have been at this level for 5 years. The contract also states that the costs of the business are estimated at $3000 per week. In the contract there is a term stating that the seller will not run a cafe in the Sydney cbd for a period of 5 years from July 1.After running the business for several months Bill and Jill find that takings are on average $2000 weekly and less than their costs.Bill and Jill come to you for advice about the contract for the business and the remedies they may have against the seller.What are the key areas of business law that can assist Bill and Jill.