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:

Muscular Power

The ability of a muscle or group of muscles to exert maximum force in the shortest amount of time.

WAIS Scores

Scores derived from the Wechsler Adult Intelligence Scale, a tool used to measure a person's cognitive ability or intelligence.

Initiating Structure

A leadership behavior characterized by the organizing, structuring, and defining of roles, tasks, and objectives for team members.

Consideration

The extent to which a leader is approachable and shows personal concern and respect for employees.