Question

What was the result in the raffles v. wichelhaus case in which there were two ships named peerless and the parties disagreed over which ship was the subject of the contract?

Answer 1

There was no contract

It was found that No contract exists due to mutual mistake of  fact as to the existence or identity of the  subject matter of the contract. The central question in this case  was whether there was an enforceable contract between the parties