Term of adress equivalent to sonny, not very respectful, but could be used in a friendly rather than disdainful way.
Possibly comes from the mascot of an old breakfast cereal called Force...
"O'er the fence leaps Sunny Jim, Force is the food that feedeth him."
Are ye alright Sunny Jim?
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Sunny Jim is a word I use when I mess up,
It can be use for any situation you like
*drops food on floor* "SUNNY JIM"