During
the negotiations to arrange the loan a bank official asks Adrian why the funds
are going into the special account rather than to the company account. Adrian
assures him that this is the new arrangement sanctioned by the company. One
week later the money from the bank and Adrian have disappeared. The company is
refusing to pay back the loan to Whichbank Ltd.Is
Whichbank Ltd able to recover the loan from the company?t is
recommended that you use the 3rd edition of the Australian Guide to Legal
Citation a copy of which can be downloaded from the library site .