Which of the following torts are potentially committed by a bank which pays on a fraudulent cheque even though it could not reasonably have known of or discovered the fraud?
A)trespass
B)intentional interference with economic relations
C)conversion
D)negligence
E)injurious falsehood

Question

Quizplus · Accepted Answer

Conversion is the unauthorized assumption and exercise of the right of ownership over goods belonging to another to the exclusion of the owner's rights. By paying on a fraudulent cheque, the bank may be exercising control over funds that belong to the account holder, thus potentially committing conversion.

Which of the Following Torts Are Potentially Committed by a Bank