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Steve Kolektur purchased an expensive original vase displayed in the window of the retail outlet Highlite Authentics & Originals. He paid the down payment of

Steve Kolektur purchased an expensive original vase displayed in the window of the retail outlet Highlite Authentics & Originals. He paid the down payment of $10,000.00 and was to return 4 days later to pay the balance due of $110.000.00 and receive the vase. That night thieves smashed the window and stole the vase. Highlite is demanding payment of the balance while Steve is demanding the return of his deposit. State the result with reasons. Who is liable, and who has ownership after the vase is stolen? Under Canadian law.

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