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Question 4 Asman decided to rent out his fact01y and appointed Jayden as his exclusive property agent. A huge Propelty For Rent banner with
Question 4 Asman decided to rent out his fact01y and appointed Jayden as his exclusive property agent. A huge "Propelty For Rent" banner with Jayden's name as the agent, and Jayden 's mobile phone number was put up by Asman at the factory entrance Although it is common for land owners in the Industry to give tenants rent-free periods of up to two months to carry out renovations, Asman told Jayden that he was not prepared to give any rent-free period at all as rentals have been falling. The tvo pallies agreed that upon signing of the lease agreement, Jayden would be paid conunission equivalent to one month ' s rent for the property Jayden printed and distributed flyers as well as placed advertisements in the local newspapers to advertise for temnts One day, Julie saw the "Propeny For Rent" banner and she became keen to lease the factory. She called Jayden to arrange for a viewmg. After seeing the property, Julie offered to lease the factory for No years. As she intended to carry out extensive renovations, she asked for a four-month rent-free period After thm_king it over (md without consultmg Asman), Jayden said, "Sure. Let' s close the deal" and they proceeded to Sign the contract. BCS201 Copyh*t 0 2018 of (SUSS) my 2018 4 of 5 (a) whether Jayden had actual and/or apparent authority to carry out the following acts on behalf of Asman: (i) incur advenisement expenses; and (ii) agree to the four-month rent-free period (15 marks) Asman clecided to proceed with the lease to Julie Discuss whether Jayden has breached any duty as an agent. (5 marks)
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