(b) When answering the question in part (b) below: - refer to the content of the lst paragraph (only) of the scenario above in Question 1(a) ; and - assume, for the purposes of the question below in part (b), that the $11 million was acquired by Spark Energy Ltd after full compliance with fundraising law and that an additional $1 million was required to complete the acquisition of the new mine. In January 2020, the extra $1 million required was provided to Spark Energy Ltd by way of a bank loan from Eastpac Bank. The bank loan was made under a loan document signed by Ben on behalf of Spark Energy Ltd. In March 2020, it was discovered that Ben absconded to Europe after withdrawing the $1 million borrowed from Eastpac Bank. The borrowed funds were held in the deposit account of Spark Energy Ltd. The company's rules allowed any one of the directors to sign on the company's bank account. Evaluate if Spark Energy Ltd is bound to the loan contract with Eastpac Bank Ltd