Heidi purchases an original work by one of her favorite sculptors from an art dealer for $8,000….
Heidi purchases an original work by one of her favorite sculptors from an art dealer for $8,000. After three months of waiting for the sculpture to be delivered, Heidi discovers that the art dealer sold the sculpture to another buyer for $10,000 after her contract was signed.
What remedy does Heidi have in this scenario?
- a.)
Heidi is entitled to recover her $8000 and any other damages she may be able to prove, including compensatory, consequential, and incidental damages.
- b.)
Heidi is entitled to punitive damages, so that the art dealer is discouraged from breaking another contract in the future.
- c.)
Heidi is only entitled to recover the $8,000 that she paid for the sculpture.
- d.)
Heidi is entitled to sue the new buyer to recover the sculpture, but she has no recourse against the art dealer other than recovering the $8,000 that she paid.