ID Limited (ID) has recently been incorporated as a private limited company and carries on fashion business. Donald is very experienced in this field and is employed by ID as an agent to purchase fashion clothes. Recently Donald has signed a contract with E Bop Limited (E Bop) for purchase of jewelry which has not been previously authorized by the company.

Advise the legal position of ID, in particular the rights and liabilities it may have under the contract with E Bop.