Mogul arranged with Penelope Yang, a contemporary artist, to paint a portrait of Mogul. The written contract provided that the artist would be paid a fee of $500,000. The contract also said: “the artist (Yang) hereby agrees that Mogul’s personal satisfaction with the portrait painted by the artist is guaranteed”.

Mogul arranged with Penelope Yang, a contemporary artist, to paint a portrait of Mogul. The written contract provided that the artist would be paid a fee of $500,000. The contract also said: “the artist (Yang) hereby agrees that Mogul’s personal satisfaction with the portrait painted by the artist is guaranteed”. When the portrait was completed Mogul said “I hate that picture – it makes me look like Rodney Dangerfield”. (Mogul liked to imagine that he looked like Brad Pitt.) A reproduction of the portrait appeared in a magazine. Many distinguished artists and museum directors saw it and said that the painting was “magnificent” and “a wonderful work of art”. Suzy Starlet (Mogul’s wife) said to Mogul: “That is a wonderful picture – it captures the real you – if you divorce me I want to get that painting as part of my property settlement”. Mogul refused to pay Yang the fee agreed upon in the contract. Yang filed suit for breach of contract. What will the result of this suit be? Explain.