Question 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 lo 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 avalable to her. $(5$ marks$)$