We study the lambda-property for the space C(T, X) of continuous and b
ounded functions from a topological space T into a strictly convex Ban
ach space X. We prove that the lambda-property for C(T, X) is equivale
nt to an extension property for continuous functions of the pair (T, X
). We show also that, when X has even dimension, the lambda-property i
s equivalent to the fact that the unit ball of C(T, X) is the convex h
ull of its extreme points and that this last property is true if X is
infinite dimensional. As a result we get that the identity mapping on
the unit ball of an infinite-dimensional strictly convex Banach space
can be expressed as the average of four retractions of the unit ball o
nto the unit sphere.