Themis Essay 5002

Question 1

Conversion is the

Answer 1

wrongful assumption or the exercise of the right of ownership over goods or other tangible personal property belonging to another in denial of or inconsistent with the owner’s rights.

Question 2

An action for conversion can be maintained only by

Answer 2

the person having a property interest in and entitled to the immediate possession of the item alleged to have been wrongfully converted.

Question 3

Damages for conversion are based on

Answer 3

the value of the property converted at the time and place of conversion.

Question 4

An action for conversion, which typically applies to personal property, may extend to intangible property rights that

Answer 4

arise from or are merged with a document such as a stock certificate, promissory note, or bond.

Question 5

As with most other civil causes of action, a plaintiff establishes conversion by

Answer 5

a preponderance of the evidence.

Question 6

Generally in cases of conversion, the plaintiff must

Answer 6

demand that the defendant return the property when the defendant’s initial acquisition of the property was not wrongful.

Question 7

Virginia recognizes that an action for conversion may extend

Answer 7

to intangible personal property rights that arise from or are merged with a document.