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?
Heidi is entitled to recover her $8000 and any other damages she may be able to prove, including compensatory, consequential, and incidental damages.
Heidi is entitled to punitive damages, so that the art dealer is discouraged from breaking another contract in the future.
Heidi is only entitled to recover the $8,000 that she paid for the sculpture.
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.