Federal Land Bank (FLB) filed an action to foreclose a mortgageon property owned by Howard and Harriet Franklin. Before trialFLBs attorney wrote to the Franklins attorney inviting settlementoffers. The Franklins attorney wrote to FLBs attorney expressingan interest in settling. FLBs attorney responded with an offerthat he stated his client has authorized me to extend. GeorgeJohnson a vice president of FLB received copies of all letters.The Franklins accepted the offer but three weeks later the FLBattorney wrote to say that all settlement offers had to be clearedthrough the Cleveland office. Because their agreement had not beenapproved by that office the foreclosure was going to proceed. TheFranklins sued claiming that the FLB attorney had authority tosettle the case and that FLB was bound by the settlement agreement.How should the court rule? Discuss fully.