Aaron, Ben and Caron are the directors of Granada Pty Ltd (Granada). Although Caron has never been formally appointed by the board as managing director, he has been running the day-to-day operations of the company since it was registered 10 years ago with the knowledge and acquiescence of the other directors, Aaron and Ben. Last month, without telling either Aaron or Ben, Caron signed a contract agreeing to buy a new AI system for Granada. Aaron and Ben think that Granada cannot afford to buy a new AI system at this time and do not want to go ahead with the purchase. Which of the following statements is NOT correct in relation to the way Granada can enter into this contract and be liable for the contract?

 a. Granada can enter into the contract through Caron as its agent, who has apparent authority, where the company has consented and Caron has the appearance of authority. 

b. Granada can enter into the contract directly in its own name, by executing the contract with or without a common seal in accordance with s 127. 

c. Granada can enter into the contract through Caron if he has actual or implied authority. 

d. Granada can enter into the contract through Caron as its agent, who has apparent authority, where the company has not consented and Caron has the appearance of authority.

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