How to reference the below project??Question $1[15$ Marks$]$

John is a real estate agent working for XYZ Realty. He has been representing a seller, Sarah, in the sale of her property.

Sarah instructed John to sell the property for a minimum of R$500,000.$ John finds a potential buyer, Mike, who is interested

in purchasing the property for R$480,000.$ Mike is willing to pay in cash and can complete the transaction quickly. John

believes that this is the best offer he can secure for Sarah. Without consulting Sarah, John accepts the offer on her behalf.

However, Sarah later discovers that other potential buyers were willing to pay more. Sarah is now unhappy with John's

actions and wants to know if she is bound by the sale to Mike.

$1\mathrm{.}1$ Discuss the legal principles related to agency law in this scenario. $(10$ marks$)$

$1\mathrm{.}2$ Evaluate whether Sarah is bound by the sale to Mike, and what remedies, if any, may be available to her. $(5$ marks$)$

Question $2[15$ Marks$]$

ABC Corporation is a newly established business in South Africa, and its founders are considering various business

structures. They want to understand the advantages and disadvantages of different types of business structures available in

South Africa. Discuss and advise ABC Corporation on FIVE $(5)$ business structure $($s$)$ based on their goals, considering

legal, financial, and operational aspects.

Question $3[15$ Marks$]$

Maria, a law student, is conducting research on a legal issue in South Africa. She is puzzled about the various sources of

law in the country. Provide a comprehensive discussion of the sources of law in South Africa, highlighting their importance

in the legal system. Use relevant examples to illustrate your points.

Question $4[15$ Marks$]$

John and Mary enter into a contract for the sale of Mary's antique furniture collection. The agreement stipulates that John

will pay Mary R$50,000$ within $30$ days of receiving the furniture. Mary is to deliver the furniture to John's residence on a

specified date. However, due to unforeseen circumstances, Mary is unable to deliver the furniture on the agreed$-$upon date.

She notifies John of the delay and proposes an alternative delivery date, which John rejects. John, frustrated with the delay,

decides to terminate the contract and refuses to make any payment. Mary claims damages for the breach of contract.

$4\mathrm{.}1$ Does Mary's inability to deliver the furniture on the agreed$-$upon date constitute a breach of contract? Provide and

explanation for either yes or no$.(5$ Marks$)$

$4\mathrm{.}2$ What are the remedies available to Mary for John's refusal to make payment? $(5$ Marks$)$

$4\mathrm{.}3$ Does John have any defenses against Mary's claim for damages? $(5$ Marks$)$