reference: 1. Appleton was a textile manufacturer that also engaged in the purchase and resale of Sulphur. Goldarch was a producer of natural gas. One of the byproducts of the gas-processing procedure is Sulphur. Mr. Jabez was the manager of Goldarch petrochemical products which with responsibility for domestic and foreign sales and the marketing of petrochemicals, including Sulphur. He reported to Mr. Deverin, a senior vice president and a member of the executive operating committee. After protracted negotiations between Goldarch, represented by Jabez, and the representatives of Appleton, an agreement was reached for the sale by Goldarch to Appleton of 50 000 tons of Sulphur at $8 per ton. This agreement was concluded on September 5, 2020. In the meantime, on September 3, 2020, Deverin had informed Jabez that he would need to get the approval of the executive operating committee for the sale to Appleton. In other words Jabez no longer had the authority to conclude the sale on behalf of Goldarch. Goldarch argued that there was no contract between the parties

question: Applying the relevant legal principal and concept discuss the issues highlighted in the facts above.