Eddy and Carl live in Benoni but decide to spend their December vacation at Umhlanga Rocks. Upon their arrival in Durban they hear that the beaches are closed as a result they are unable to swim. Eddy decides to stroll on the beach, while Carl went Mall hopping. Eddy finds a coin on the beach that is gold in colour. Assuming that the coin was a gold coin Eddy sells the coin for a large sum of money to Carl, who believes Eddy even after inspecting the coin. A few weeks later Carl discovers that the coin is brass and not gold as initially represented by Eddy. 1.1. What type of mistake did Eddy commit in terms of South African Law of contract? Evaluate this type of mistake 1.2

Eddy and Carl live in Benoni but decide to spend their December vacation at Umhlanga Rocks. Upon their arrival in Durban they hear that the beaches are closed as a result they are unable to swim. Eddy decides to stroll on the beach, while Carl went Mall hopping. Eddy finds a coin on the beach that is gold in colour. Assuming that the coin was a gold coin Eddy sells the coin for a large sum of money to Carl, who believes Eddy even after inspecting the coin. A few weeks later Carl discovers that the coin is brass and not gold as initially represented by Eddy. 1.1. What type of mistake did Eddy commit in terms of South African Law of contract? Evaluate this type of mistake 1.2