In Which of the Following Situations Has Conversion NOT Occurred

question 30

Multiple Choice

In which of the following situations has conversion NOT occurred?

• A)When a drawee bank pays an instrument containing a forged indorsement
• B)When a drawee to whom a draft is delivered for acceptance properly returns it upon request
• C)When a bank pays an instrument containing only one of two required indorsements
• D)When a thief transfers possession of an instrument to someone who knows of the theft

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Definitions:

Task Behaviors

Actions and practices focused on completing objectives or tasks, often involving the planning, organizing, and executing of work.

Relationship Behaviors

Actions and interactions that build or reflect the nature and quality of relationships between individuals.

Authority Compliance Leadership

A leadership style focused primarily on achieving high levels of task performance and efficiency, often at the expense of team members' well-being and job satisfaction.

Team Leadership

The process of leading a group towards achieving common objectives, involving coordination, motivation, and direction.