Step 1: Upward ascent. The rope tension during upward movement is determined by \( T = m(g + a) \). Given \( m = 50 \, \text{kg} \), \( g = 10 \, \text{m/s}^2 \), and \( a = 5 \, \text{m/s}^2 \), the calculation is \( T = 50 (10 + 5) = 750 \, \text{N} \). This tension exceeds the rope's breaking strength of \( 350 \, \text{N} \), causing it to break during upward motion.
Step 2: Downward descent. The rope tension during downward movement is given by \( T = m(g - a) \), with \( a = 4 \, \text{m/s}^2 \). Substituting values: \( T = 50 (10 - 4) = 300 \, \text{N} \). This tension is below the breaking strength of \( 350 \, \text{N} \), so the rope will not break during downward motion.
Final Answer: \[ \boxed{\text{Rope will break while climbing upward.}} \]