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Chose in possession: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{g}}To be contrasted with chose in action, a chose in possession is something which you can physically hold, as distinguished from something you are legally entitled...") |
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So: A cuddly toy is a [[chose in possession]]. A {{t|contract}}ual right to be delivered a cuddly toy that you have just bought for dear junior on Amazon is a [[chose in action]]. | So: A cuddly toy is a [[chose in possession]]. A {{t|contract}}ual right to be delivered a cuddly toy that you have just bought for dear junior on Amazon is a [[chose in action]]. | ||
A physical [[bearer bond]] is both a [[chose in action]] ''and'' a [[chose in possession]]. | |||
A bank note? Probably a [[chose in possession]] — at least to the extent of its papery self — but there is an argument that, as an [[Cash|articulation of abstract value]], it is ''not even that''. | A bank note? Probably a [[chose in possession]] — at least to the extent of its papery self — but there is an argument that, as an [[Cash|articulation of abstract value]], it is ''not even that''. | ||