The One With the Sharks - S9-E4
Revealing mistake: While Monica and Rachel are talking about Chandler's "jollies to Jaws" Rachel's wearing a colorful flowery top, and after Joey walks in just as Monica takes her seat at the table in the closeup, it's Jennifer Aniston's stand-in, wearing a blue top, who is seated beside Monica. Rachel's hair is wavy in the flowered top, but straight in the blue top (viewed in widescreen). (00:12:22)
Answer: The painting doesn't have a name, and if it does it is never mentioned in this episode.