In Which of the Following Situations Has Conversion NOT Occurred

question 28

Multiple Choice

In which of the following situations has conversion NOT occurred?

• A)When an instrument is paid on a forged indorsement.
• B)When a drawee to whom a draft is delivered for acceptance properly returns it upon request.
• C)When any person to whom an instrument is delivered for payment refuses on demand to pay or to return it.
• D)When a drawee to whom a draft is delivered for payment refuses to return it on demand.

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Definitions:

Transitional Learning

Learning that occurs during periods of change, where individuals adapt to new situations or environments, often involving the acquisition of new skills or knowledge.

Work Experiences

The knowledge, skills, practices, and insights gained by an individual as a result of their participation in the workforce.

Moral Manager

Makes ethical behavior a personal goal.

Archie Carroll

Refers to a scholar known for his work on corporate social responsibility and the pyramid model that outlines the responsibilities of businesses.