Question
Julian Enqvist, in June 2022 made highest profits since starting his sole proprietorship business 5 years ago.He decides to treat his wife, Martha to some
Julian Enqvist, in June 2022 made highest profits since starting his sole proprietorship business 5 years ago.He decides to treat his wife, Martha to some expensive jewellery. He goes to an antique jewellers, where he is drawn to a rather stunning necklace, which he thinks looks familiar.When he communicated with the Antique Dealer, Pamela Jamieson, she stated as follows: "this is the actual necklace worn by Marie Antionette of France, making it authentic and it is an excellent price of 1.5 million"
Julian Enqvist was really excited by the find and could not believe his luck, as he knows his wife will love it. He immediately purchases the necklace, which the Antique Dealer wraps carefully and carried it to his vehicle.
Now, a couple of months later Julian Enqvist has discovered that the painting is not actually original article, but a good forgery.
1/ a. Identify and define the defect committed by the Art Dealer.
3 marks
b. What would Julian Enqvist have to establish in order to succeed in the case?
4 marks
c. In identifying the likely type of defect, what would be the remedy available
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