what are the issues arising:

Answer me case study Delow using it law of contract principles. (21 marks) Greg, a well-known University lecturer and a successful businessman had a 2020 Toyota Rush for sale and advertised this in the newspaper. A man responded to the advertisement and visited Grey's home to view the vehicle, In his discussions with Greg, the man agreed to purchase the vehicle for $1,400,000.00 and be gave Greg a personal cheque for the sum. Greg informed him that he would need a manager's cheque but the man then informed him that he was Mr Cox, the owner of a well-known pharmacy and showed him his driver's licence. The crock also informed Greg that he had a bag of cocaine with a street value of $100,000 to pay him for the balance owed. Greg had heard of Mr Cox but never met him before. He took the cheque and the cocaine and gave Mr Cox the car, The following day when Greg went to the bank to lodge the cheque, he was informed that the cheque was a forgery and that the account number sited thereon was fictitious. Greg was an embarrassed; he did not report the matter in the police. Three days later, Greg was in the Liguanca plaza and saw the car parked in the parking lot and called the police, When the police arrived, they questioned a lady, Mrs Henry, as she opened the car door about her being in possession of the car. She informed them that she purchased the car the day before for $1,000,001.00 from a man who fit the description of the crock