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Howard, a wealthy New York resident, purchased a painting, valued at $100,000 from an art dealer located in California.
1. Does a contract exist between Howard and the art dealer? Why or why not? (be sure to explain how all elements to a contract are, or are not, met). If a contract does exist between them, what type of contract is it? Why?
2. The painting turns out to be a forgery. Howard wants to sue the art dealer. In which jurisdicition(s) can he bring the lawsuit? Why?
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