Acme Corp Owns an Expensive Widget

question 44

Multiple Choice

Acme Corp owns an expensive widget.Which of the following statements is TRUE?

• A)If Acme Corp intentionally abandons the widget, you will be entitled to keep it for yourself only if you take possession of it without actual knowledge that it had been abandoned.
• B)If a thief steals the widget and sells it to you, you will be liable to Acme Corp for the tort of conversion only if you actually knew that the widget was stolen.
• C)If Acme Corp loses the widget, and you find it but are unable to determine its true owner, you will be able to sue me for the tort of conversion if I forcibly take it from you.
• D)If a thief steals the widget, and I buy it from the thief without knowing about the theft, then the Acme Corp and I will share ownership of the widget.
• E)If Acme Corp created the widget, then the widget will not have an owner unless and until someone buys it from the company.

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Definitions:

Fiedler's Contingency Model

A leadership theory proposing that a leader's effectiveness is contingent on the compatibility between the leader's style of leadership and the demands of the situation.

Low-Task

Describes a situation or job that requires minimal cognitive or physical effort, typically involving routine or simple activities.

Hersey-Blanchard

A situational leadership model that suggests the leadership style should be adjusted based on the maturity level of the followers.

Leadership Style

The approach and behavior a leader adopts in guiding and influencing the actions of a group towards achieving goals.