Which of the Following Is an Example of Conversion

question 31

Multiple Choice

Which of the following is an example of conversion?

• A) An employee borrowing the annual report from the firm's library.
• B) Donald returns Larry's car in the same condition as it was in when he had borrowed it.
• C) Scott publishes untrue statements about his manager in the company's newsletter.
• D) Ruth purchases a cell phone from Sandra, not knowing that Sandra stole the cell phone.
• E) Donna has left her horse in Terry's care, who cares for it and rides it without Donna's permission.

Analyze how policies can address global warming and pollution through market-based approaches like cap-and-trade systems.

Appreciate the impact of asymmetric information on market transactions and the quality of goods and services.

Examine the benefits and limitations of government actions to correct market failures, including regulating information and licensing.

Understand the effects of externalities in economic transactions and the concept of social cost versus social benefit.