Multiple Choice
In which of the following situations has conversion NOT occurred?
A) When a drawee bank pays an instrument containing a forged indorsement
B) When a drawee to whom a draft is delivered for acceptance properly returns it upon request
C) When a bank pays an instrument containing only one of two required indorsements
D) When a thief transfers possession of an instrument to someone who knows of the theft
Correct Answer:
Verified
Correct Answer:
Verified
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