A painting sold as a one-of-a-kind self-portrait is damaged in transit. The collector rejects the painting and the gallery later sells it to a third party. After that, the collector sells the painting to a fan for $550,000. What is the correct measure of damages for the gallery if the sale constitutes conversion?

Study for the Multistate Bar (MBE) OPE 2 Exam. Prepare with detailed explanations and multiple choice questions. Ready yourself for success!

Multiple Choice

A painting sold as a one-of-a-kind self-portrait is damaged in transit. The collector rejects the painting and the gallery later sells it to a third party. After that, the collector sells the painting to a fan for $550,000. What is the correct measure of damages for the gallery if the sale constitutes conversion?

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