CASE: Harold Seifer was in the business of buying trucks in need of minor repair and selling for a profit. He wanted to enlarge his current garage facility and went to Universal Penn Bank to inquire about a project loan. He was referred to Eli Azbro, assistant VP loan officer. After a lengthy discussion, Azbro agreed to fund Seifer's project in increments of $$20,000$ at a time $-$ Azbro's authorized approval limit on loans. After Seifer received $$100,000$ in loans, the bank refused further financing. Seifer stopped making payments and the bank tried to claim Seifer's assets for payment. Seifer sued the bank for breach of contract.

$1.)$ What factors will the court consider when making this determination?

What 'agency' role does Azbro play on behalf of the bank? Explain.

Does Azbro have proper authority to make the contract? Explain.

Who wins? Why?