Elizabeth is a nurse, who has inherited a substantial shareholding in truckers Ltd from her father

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Elizabeth is a nurse, who has inherited a substantial shareholding in truckers Ltd from her father. She was appointed to the board of directors at Truckers Ltd. The board passed a resolution requiring cheques in excess of $2000 to be signed by two directors. on various occasions:

(a) the managing directors asked to countersign cheques attached to invoices from Gerarco for repairs to fluodrive transmissions. The company's vehicles were all Fiats and did not use Fluodrive All payments were misappropriated-divided between the managing directors and Geraco

(b) the managing director informed her that most directors would be overseas during the next couple of weeks. He then asked her to sign a book of blank. cheques. He used some of the cheques to pay his own debts;