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Howard, a wealthy New York resident, purchased a painting, valued at $100,000 from an art dealer located in California. 1.Does a contract exist between Howard

Howard, a wealthy New York resident, purchased a painting, valued at $100,000 from an art dealer located in California.

1.Does a contract exist between Howard and the art dealer?Why or why not? (be sure to explain how all elements to a contract are, or are not, met). If a contract does exist between them, what type of contract is it?Why?

2. The painting turns out to be a forgery.Howard wants to sue the art dealer.In whichjurisdicition(s)can he bring the lawsuit?Why?

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