Wrongful Dominion Over a Principal's Tangible Personal Property Is a Form

question 47

True/False

Wrongful dominion over a principal's tangible personal property is a form of conversion.

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Definitions:

Specific Brand

A particular brand that is identified or specified, often distinguished by its unique name, logo, and product attributes.

Order Instrument

A financial document or tool that directs the payment of money, often used in transactions to specify the payer and payee.

Negotiable

Capable of being discussed or modified in order to reach an agreement, or in terms of financial instruments, able to be transferred or assigned from one party to another.

Identified Person

An individual who has been recognized or named in a specific context or for a particular purpose.