Bizarre Productions is an event management company, and Luke was an account

manager at the company. In order to make its account managers look good to

clients, the company issued Luke with a name card that showed his position as

"Marketing Director". The company expressly told the account managers that this is

"just for show", and told them also that before signing any contract, they needed to

obtain the CEO's express approval.

Luke met with some prospective customers from ACME Corporation, who were

impressed with Luke after seeing his name card. After some discussion, Luke hastily

signed a contract prepared by ACME thinking that nothing could go wrong.

However, the contract was not worded in Bizarre Production's favour, and the CEO

of Bizarre Productions did not want to endorse the contract.

Advise the CEO of Bizarre Productions on whether they are bound to the contract

signed by Luke with ACME Corporation. Support your answer with reference to the

relevant case law.