A person is said to be in ________ act, when the business which he transacts, or the money or property which he handles, is not for his own benefit, but for another person:

A person is said to be in ________ act, when the business which he transacts, or the money or property which he handles, is not for his own benefit, but for another person:
A . Fiduciary Capacity
B . Embezzlement
C . Conversion
D . None of the above

View Answer

Answer: A