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A person is said to be in ________ act, when the business which he transacts,...

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

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  • Product: CFE
  • Update on: Jan 2, 2026
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