No, the two are completely different legal concepts and have nothing to do with one another. A broken, or breach of contract falls under the law on contracts. Conversion, or civil theft, falls under the law of torts. The remedy for a breach of contract is to give the non-breaching party damages so that he gets the benefit of his original bargain. The remedy for conversion is compensatory damages in the amount of the value of the item converted plus, perhaps punitive damages, since conversion is an intentional tort.
Nothing
It could be theft, petty theft, burglary, or theft by conversion depending on the circumstances of the situation.
Malicious Destruction Theft Larceny by conversion Larceny by trick petit theft Grand Theft .
Yes. Theft is a tort (a civil wrong) known as conversion or misappropriation.
Malicious Destruction Theft Larceny by conversion Larceny by trick petit theft Grand Theft .
In a contract, it means the terms by which the contract can be broken
Yes. Terms in the contract dictate which sanctions will occur if the contract is broken.
It would not be a valid contract. A contract to break the law is illegal.
It is theft.
It would not be considered theft. Once someone buys something from you, it is theirs. They can do whatever they want to do with it.
Whether or not theft by conversion is a felony depends on the value of the theft. Generally, if the value is over 5,000 dollars, it is a felony. Some states have a lower value to qualify as a felony.
The cast of A Broken Contract - 1920 includes: Zoe Palmer as The Girl Nita Russell as Dolly Cyril Smith as Horace