As the other comment states, your analysis of Raffles v Wichelhaus is incorrect. The court held that the contract was not valid, as there was no meeting of minds, due to mutual mistake. The UCC rules obviously don't apply to a British case, so the more stringent requirements towards price terms and specific performance of Brittish Common Law still apply
As the other comment states, your analysis of Raffles v Wichelhaus is incorrect. The court held that the contract was not valid, as there was no meeting of minds, due to mutual mistake. The UCC rules obviously don't apply to a British case, so the more stringent requirements towards price terms and specific performance of Brittish Common Law still apply
I love this series but the Peerless case final judgment was different. The contract was considered invalid!