RETAIL LEASES -valid exercise of option to renew by lessee — lock-out of lessee following notice to quit after expiry of original lease — held option had been renounced by lessee by conduct prior to lock-out — therefore notice to quit effective — Appeal — whether Tribunal erred in law -standard to be applied in relation to a finding of renunciation — Tribunal did not misapply standard to facts — communication on which the Tribunal primarily relied for its finding was considered in context — lock-out premature by one day — whether Tribunal failed properly to quantify appellant's loss of stock in its damages award against the respondent — no error — appeal dismissed.