What was the result in the Peerless case referenced in the textbook in which there were two $(2)$ ships named Peerless and the parties disagreed over which ship was the subject of the contract?

The court ruled that the older ship would be identified to the contract.

The court rescinded the contract.

The court ruled that the defendant would be allowed to choose which ship would be identified to the contract.

The court ruled that the newer ship would be identified to the contract.

The court ruled that the plaintiff would be allowed to choose which ship would be identified to the contract.