Final answer:
The story "Federigo's Falcon" from Giovanni Boccaccio's Decameron demonstrates situational irony through the protagonist's downfall, the role of the falcon, and the unexpected turn of events.
Step-by-step explanation:
The story "Federigo's Falcon" from Giovanni Boccaccio's Decameron demonstrates situational irony in multiple ways. Firstly, the story involves a wealthy man named Federigo who loses all his wealth due to his love for a woman named Monna Giovanna. This is ironic because wealth is typically associated with happiness and success, but in this case, it leads to Federigo's downfall.
Secondly, the story further depicts situational irony through the falcon, which is usually seen as a symbol of power and ferocity. However, in the story, the falcon becomes a sacrificial gift given by Federigo to Monna Giovanna as a desperate attempt to win her love.
Lastly, the story shows situational irony through the unexpected turn of events and the reader's realization that Federigo's selfless act is in vain, as Monna Giovanna only desires the falcon and not Federigo himself.