Question: On September 1, 2017, Sam entered into a contract with Patty to sell Patty a rare Picasso painting for $20,000,000, even though Sam knew that
On September 1, 2017, Sam entered into a contract with Patty to sell Patty a rare Picasso painting for $20,000,000, even though Sam knew that his four year-old son had colored on the painting with crayons and done permanent damage. As a result, the painting had a fair market value of only $1,000,000. Unknown to either party the painting had been destroyed by a flood in the storage warehouse on August 31, 2017. If Patty sues Sam for breach of contract, Sams best defense is Group of answer choices Mutual mistake Risk of loss borne by Patty Unconscionability Lack of adequate consideration
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