Question
5.Cynthia was bequeathed an oil painting by her childless aunt. Cynthia was not favorably disposedtoward the painting because it reminded her that her aunt had
5.Cynthia was bequeathed an oil painting by her childless aunt. Cynthia was not favorably disposedtoward the painting because it reminded her that her aunt had left her entire estate (except the painting) to the Society for the Prevention of Cruelty to Animals. When Cynthia's best friend, Beatrice, admired the painting, Cynthia offered to sell it to her for $10. Beatrice accepted, paid the $10 and took the painting. The painting was clearly an original and bore the signature, "Ad Schreyer, but neither Cynthia nor Beatrice had ever heard of the painter. Several weeks later, Beatrice informed Cynthia that she had inquired about the artist and had learned that the painting was worth $15,000. On hearing this, Cynthia tendered $10 to Beatrice and demanded the return ofthe painting. Beatrice refused and Cynthia brought suit against Beatrice to recover the painting. (a) Judgment for whom? Explain. (b) Would your answer to (a) be the same if Beatrice had known, at the time she bought the painting, that Ad Schreyer was a famous artist and that the painting was far more valuable than Cynthia realized? Explain. (c) Would your answer to (a) be the same if Beatrice had told Cynthia that Ad Schreyer was an amateur painter when Beatrice knew that Schreyer was a famous painter? Explain
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