Rupley v. Daggett
74 Ill. 351 · Illinois Supreme Court · 1874
Facts
Appellee believed he sold a mare for $165, while appellant believed he bought it for $65. Appellant was informed of a potential mistake before leaving with the mare but insisted on the lower price and did not clarify with appellee. The lower court found no sale due to a mutual mistake.
Issue
Does a valid contract of sale exist when there is a mutual mistake between the parties regarding the agreed-upon price of the property?
Holding
No, a valid contract of sale does not exist when there is a mutual mistake as to the price. The judgment affirming no sale was upheld.
Rule
When there is a mutual mistake between contracting parties regarding the price of an article of property, there is no meeting of the minds, and therefore, no sale, meaning neither party is bound.
Read the full opinion on CourtListener
Case brief last reviewed . Prepared by CaseReader from the published opinion.