Hi guys/girls,
I need help on identifying the relevant issues of law. Here is the scenario:
X gives Y (owner of museum) a piece of painting to display at a museum, and gives authority to sell the painting it if there the price is right. Y sells the painting to Z, and Z allows Y to keep it at the museum until he can find a replacement (does bailment arise here?).
However, 'K', the new manager of the museum , sells the painting, as he is unaware that it has already been sold.
A few questions in this scenario:
1. Does bailment arise? If so, is there a breach of duty of the bailee?
2. Does the Sales of Good Act apply? If so, how does it apply?
3. Does K have the authority to sell? Is he an agent or..?
4. Who has ownership of the painting now?
Thank you guys/girls!!
I need help on identifying the relevant issues of law. Here is the scenario:
X gives Y (owner of museum) a piece of painting to display at a museum, and gives authority to sell the painting it if there the price is right. Y sells the painting to Z, and Z allows Y to keep it at the museum until he can find a replacement (does bailment arise here?).
However, 'K', the new manager of the museum , sells the painting, as he is unaware that it has already been sold.
A few questions in this scenario:
1. Does bailment arise? If so, is there a breach of duty of the bailee?
2. Does the Sales of Good Act apply? If so, how does it apply?
3. Does K have the authority to sell? Is he an agent or..?
4. Who has ownership of the painting now?
Thank you guys/girls!!