Examlex
Wrongful conversion of property by defendants who already have lawful possession is:
Insolvent
The state of being unable to pay debts owed, often leading to bankruptcy proceedings.
In Transit
Describes goods or people that are in the process of being transported from one location to another.
Carrier
An entity that provides transportation services for goods or individuals, typically referring to a company or a shipper operating under specific regulatory guidelines.
Lessor
A person or entity that leases property or equipment to another under the terms of a lease agreement.
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