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Ringo offers to sell an original Picasso painting to John. The painting is a fake but Ringo doesn't know that. John buys the painting and

Ringo offers to sell an original Picasso painting to John. The painting is a fake but Ringo doesn't know that. John buys the painting and soon finds out that it is not an original and is only worth 10% of the purchase price. John sues Ringo for fraud. What will the court do? Please discuss

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