nadesanlukxshanan nadesanlukxshanan

28-05-2021
Law

contestada

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.

Respuesta :

stanfordgoddy stanfordgoddy

03-06-2021

Answer:

the principle of "express or implied contract" could be applied.

Explanation:

According to this principle, a contract can be legally binding even though no written statement was made by the offeror (in this case represented by Peter).

Based on this principle, Peter's act of publishing an advertisement on Ikman.lk can be regarded as an expression of sale. However, by virtue of ownership, Peter can thus decide not to sell his Wagon since no direct offer was made to John personally.

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