Well-structured LML4806 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... Question: 1
Jane, John and Jabulani are the directors of Touring Africa by Bicycle (Pty) Ltd (“the company”), a company that is based in Johannesburg. The ...
LML4806
Assignment 1 Semester 2 2024
Unique Number: 818236
Due Date: 25 August 2024
QUESTION 1 (2 ANSWERS PROVIDED)
Nancy, representing Cycle for Life (Pty) Ltd, must argue that James had apparent authority to
enter into the contract on behalf of Touring Africa by Bicycle (Pty) Ltd. According to Section
20(7) of the Companies Act, a company can be bound by an agent's actions if the agent had
apparent authority. Nancy should emphasize that during the Zoom call, the directors of Touring
Africa by Bicycle explicitly instructed James to purchase the six electric bicycles, which she
overheard. This instruction by the directors, who have actual authority to bind the company,
amounts to a clear representation that James had the authority to enter into the contract. Nancy
should assert that this representation was made by individuals with actual authority to manage
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