Faisal was a medical doctor. His relationship manager at the bank, Jamil, recommended that Faisal invest $10,000 in a company called Osama Enterprises, saying that it was a good investment. Jamil told Faisal that Jamil's bank had loaned $750,000 to Osama Enterprises and would be willing to loan the $10,000 to Faisal on very favourable terms: repayment of $100 per month and only the Osama Enterprises shares he bought as security. Faisal said he would make the investment if he received confirmation from the bank saying that it had actually made the loan of $750,000 to Osama Enterprises and that he could borrow the $10,000 on the terms Jamil had suggested. Faisal later received a letter from the bank, signed by Jamil, confirming both items. Faisal borrowed the money, invested it in Osama Enterprises, and began making the monthly payments. Twenty-three months later, Osama Enterprises went bankrupt, and the total value of Faisal's shares went down to only $100. Faisal investigated, and found out that the bank had never loaned any money to Osama Enterprises. Faisal sued Jamil and the bank to recover his loss.

Should Faisal win his case? Show your legal analysis.

Also please show the legal analysis that leads to conclusion Need help from Canadian business and the law seventh edition from Dorothy Du Plessis

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