What does it mean to "intends to defraud owner" in the context of larceny by conversion?

The phrase "intends to defraud owner" in the context of larceny by conversion emphasizes the individual's aim to deceive the property owner regarding their intentions for the property. In larceny by conversion, a person unlawfully takes someone else's property with the intention of permanently depriving the owner of it. This means that the individual does not have the owner's consent to use the property as they intend to use it, which is central to the offense.

By attempting to deceive the owner, the individual is demonstrating fraudulent intent; they are misleading the owner regarding how the property will be used, which could lead to the owner unknowingly relinquishing control over their property. This deceptive intention is what differentiates larceny by conversion from other forms of theft, emphasizing the notion of fraud and dishonesty in the transaction.

The other options do not accurately reflect this legal concept. Sharing property does not imply deception; intending to return the property shortly suggests temporary use rather than intent to defraud; and having permission from the owner directly negates the potential for fraud. Thus, option B captures the essence of the malicious intent behind larceny by conversion.