Which of the Following Statements Is Correct

question 45

Multiple Choice

Which of the following statements is correct?

• A) Detinue occurs when some attacks the reputation of another's product or business.
• B) Conversion involves someone inadvertently appropriating the goods of another.
• C) Any direct intentional interference causing damage to the goods of another is a trespass to chattels.
• D) Product defamation involves the wrongful possession of someone else's goods.
• E) Wrongful interference with goods is not actionable as a business tort.

---

Definitions:

Priority Claims

In bankruptcy proceedings, debts that are entitled to be paid before other debts due to their importance as defined by law, such as taxes and employee wages.

Bankruptcy Estate

The collective pool of assets and liabilities that are considered part of a debtor's estate under the bankruptcy code, subject to legal proceedings and distribution.

Secured Claims

are creditor's claims that are protected by a security interest in the assets of the debtor, giving the creditor a right to repossess the collateral if the debtor fails to fulfill the obligations.

Unsecured Claims

Debts or claims for which the creditor does not have any collateral security.