Q. Robert Bolus was engaged in various businesses in which he sold and repaired trucks. He decided to build a truck repair facility in Bartonsville, Pennsylvania, Bolus contacted United Penn Bank (Bank) to obtain financing for the project and was referred to Emmanuel Ziobro, an assistant vice president. Ziobro orally agreed that Bank would provide funding for the project. He did not tell Bolus that he only had express authority to make loans of up to $10,000. After extending $210,000 in loans to Bolus, Bank refused to provide further financing. When Bolus defaulted on the loans, Bank pressed judgment against Bolus. Bank sought to recover Bolus assets in payment for the loan. Bolus sued Bank for damages for breach of contact.

Questions: Answer should be 3-5 sentences long for each question. Who wins?

Under illustrate what circumstances can an apparent agency by recognized by law?

Illustrate what steps can an industry take to protect itself against the creation of apparent agencies?

Can apparant agency be created by silence?