The tort, known as conversion is correctly stated as:
A) the taking of property of another with the intent to deprive the owner of its use or possession.
B) an assumption and exercise of the right of ownership over goods or personal chattels belonging to another.
C) the carrying away of the property of another without the consent of the owner.
D) an unauthorized assumption and exercise of the right of ownership over goods or personal chattels belonging to another, to the alteration of their condition or the exclusion of the owner's rights.

Question

Quizplus · Accepted Answer

Option D is the correct statement of conversion. It involves the unauthorized assumption and exercise of ownership rights over another's property, which includes altering the property's condition or excluding the owner's rights. Option A is too narrow in its definition, as it only considers intention to deprive the owner without including ownership rights. Option B is also incomplete as it only refers to the exercise of ownership rights. Option C refers only to the act of carrying away the property without consent, but conversion can also occur without physical removal of the property.

The Tort, Known as Conversion Is Correctly Stated As