Artisans Who Retain Goods Are Liable for Conversion If They

question 17

Multiple Choice

Artisans who retain goods are liable for conversion if they:

• A) return the goods before the debt has been paid.
• B) keep the goods without the right to a lien.
• C) lose the goods to the debtor in a fraudulent manner.
• D) sell the goods for the unpaid charges.

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Definitions:

Service Contract

A legally binding agreement between two or more parties where one agrees to provide a specified service to the other for a payment.

Peace of Mind

A state of mental and emotional tranquility, free from stress or worry.

Availability Heuristic

A cognitive shortcut based on the first examples that spring to mind when considering a particular topic, idea, strategy, or choice.

Estimated Probability

A statistical measure expressing the likelihood of a specific event occurring based on current evidence or past occurrences.