The Tort of Conversion

question 40

Multiple Choice

The tort of conversion:

• A)Is direct and intentional interference with goods in the possession of another and without their consent.
• B)Is wrongfully detaining the property of another.
• C)Necessarily involves physically damaging goods owned by another.
• D)Is negligently detaining the goods of another.

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Definitions:

Raw Materials

Basic materials used in the production process, transformed into finished goods through manufacturing or processing.

Computer Board

A printed circuit board used in a computer to which the processor, RAM, and other components are attached.

True Variable Cost

Costs that vary directly and proportionally with the level of production or activity within a business.

Fixed Cost

Expenses that do not change in total despite fluctuations in production or sales volume.