This discussion will focus on what happens if an item that is the subject of the contract is destroyed...

An example of this occurred on Friday October 5, 2018 with a work of art entitled "Girl With Balloon" by Banksy.

• To see what happened, click this link, read the article, and watch the video:'We Just Got Banksy-ed': 'Girl With Balloon' Sells For $1.4M Before Self-Destructing

https://www.npr.org/2018/10/06/655252676/we-just-got-banksy-ed-girl-with-balloon-sells-for-1-4m-before-self-destructing

• To learn more about Banksy, click this link and read this article:Who is Banksy? World-famous but mysterious street artist reignites search for his true identity

https://www.news.com.au/lifestyle/real-life/who-is-banksy-worldfamous-but-mysterious-street-artist-reignites-search-for-his-true-identity/news-story/38a3a03793de86e473f2cbc757ab652f

After reading this information, answer the following questions using the legal concepts covered in this class:

1. Should the buyer of the painting be obligated to pay the contracted price after what happened?State your answer in complete sentences and provide evidence to support your contention.
2. Should the owner of the painting still get the contract price, even if it was the owner of the painting who caused the damage to the painting?Or should the buyer be entitled to damages? Explain your response and provide evidence to support your contention.
3. What if, as some experts stated, the painting is worth more now?How will that impact the buyer and seller's obligations? Again, cite evidence to support your contention.