We have no problem with that, and we believe it actually exists in practice. Reputable dealers have “understandings contracts” with their artists. By tradition, a handshake is also a contract and is legally binding. But in the clarification of the minutiae of a dealer, there is no issue with contracts. If it was standardized, the Art Dealers Association would be happy to do that for our members. We represent 90 galleries across the country. Our 3,500 artists are the working artists that are effectively selling in the marketplace.
There are a few things that keep getting thrown around here. Of the 59 countries, a vast number are the EU countries that are compelled by other forces to become part of this and cannot act independently, so to speak.