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Gemma has been working as general manager for Lloyds Bank Ltd for the past 15 years. Gemma's role involves wearing a Lloyds Bank uniform, wearing
Gemma has been working as general manager for Lloyds Bank Ltd for the past 15 years. Gemma's role involves wearing a Lloyds Bank uniform, wearing a name badge displaying "General Manager" and using the bank's official"LOAN APPROVED"stamp to sign off on loan agreements under $850,000. Assume that Gemma accidentally approved a $2mil loan. With reference to Pacific Carriers v Paribas, briefly analyse whether Gemma had apparentauthorityto bind Lloyds Bank to this contract.
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