Nelson Borrowed a Computer,free of Charge,from Compu-Rent Inc

question 47

Multiple Choice

Nelson borrowed a computer,free of charge,from Compu-Rent Inc.After Nelson became insolvent,a receiver took control of everything that she found on Nelson's premises,including the computer.Compu-Rent has demanded possession of the computer,but the receiver has refused.Compu-Rent therefore claims that the receiver has committed a tort.Which of the following statements is TRUE?

• A)The receiver is not liable for conversion unless she claims that she personally owns the computer.
• B)The receiver committed the tort of conversion as soon as she touched the computer.
• C)If the receiver has committed the tort of conversion against the computer,it will likely be treated as if she had purchased the thing.
• D)If Compu-Rent sues for the tort of trespass to chattels,a judge will almost certainly order the receiver to return the computer to the plaintiff.
• E)If Compu-Rent asks for a right of recaption,the court will order the receiver to return the computer to the plaintiff.

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Definitions:

Asset Turnover

A metric that evaluates how effectively a business utilizes its assets to produce sales income.

Net Sales

The revenue from sales after subtracting returns, allowances for damaged or missing goods, and discounts.

Decision Makers

Individuals or groups responsible for making choices and forming strategies within an organization.

Financial Statements

Summaries that detail a company's financial operations and status, incorporating the balance sheet, income statement, and statement of cash flows.