Peter, who is the owner of a Wagon R, publishes an advertisement on Ikman. lk for the sale of his vehicle quoting a price of LKR 3,500,000/=. John calls Peter and says that he agrees to buy the
Wagon R for the quoted price by way of a “Crossed Cheque.” Peter replies John and says that he
has no intention of selling the Wagon R even though he published an advertisement on Ikman. lk
Discuss the application of law of contracts relating to offer and acceptance as well as law relating
to cheques.