can be properly considered and debated. Teresa ignores their requests and the next day she and Robert meet at the scheduled time and place and they both vote in favour of the resolution to sign the contract. After Robert leaves, Teresa drafts the minutes of the meeting, recording that the resolution has been passed. She has heard that company contracts should be signed by two directors, so she signs her own name and forges Robert's signature. She indicates under the signatures that she and Robert are directors of JRCT Musical Pty Lid and that they are signing on behalf of the company. Teresa then visits Ludwig and gives him the signed contract. Ludwig expresses surprise that Teresa was able to organise a shareholders' meeting in such a short time period. Teresa explains that there are only four shareholders in the company and that they are all very flexible, so it is quite easy to organise a meeting at short notice. Ludwig thinks Teresa looks a bit guilty when she says this and he suspects Teresa may not be telling the truth about the shareholders' meeting. Nevertheless, Ludwig thinks to himself that, since the contract has been signed by two of the directors of JRCT Musical Pty Ltd, he should have no problem in holding JRCT Musical Pty Ltd to the contract. At the next board meeting of directors of the company, Clara and Johann express considerable disappointment that Teresa went ahead with the contract for the acquisition of the Baby Grand Piano without properly consulting with them. They tell Teresa and Robert that they do not think that the meeting at Teresa's home was a valid general meeting of members. They propose a board resolution stating that JRCT Musical Pty Ltd is not bound by the contract for the Baby Grand Piano and that the company will not make any payments under the contract. Robert, who is disappointed that Teresa forged his signature, votes with Clara and Johann and the board resolution passes by three votes to one. Teresa then contacts Ludwig to let him know that JRCT Musical Pty Ltd wants to cancel the contract. In the meantime, Ludwig turned down the possibility of selling the Baby Grand Piano to another corporate customer who offered $15,000. Ludwig is convinced that he is bound by the contract with JRCT Musical Pty Lid. Ludwig tells Teresa that JRCT Musical Pty Ltd must honour the contract and threatens legal action to hold the company to the contract