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The articles of Listed Company Ltd. provide that only the Managing Director of the company has the right to enter into contracts on behalf of

The articles of Listed Company Ltd. provide that only the Managing Director of the company has the right to enter into contracts on behalf of the company. Without consulting the Managing Director Leezhel, the Company Secretary, reserves a venue at the Windhoek Country Club for the Annual General Meeting. The Managing Director is very upset, because he would have preferred to hold the meeting at the Safari Hotel. Can the Managing Director cancel the contract with the Windhoek Country Club?  

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