In relation to law of property: Distinguish choses in action from choses in possession giving examples of each

In relation to law of property: Distinguish choses in action from choses in possession giving examples of each

ANSWER

Chose in action

  • These are intangible rights which can only be enforced court action.
  • They are not capable of physical possession e.g. debts, patents etc.

Chose in possession

These are tangible things or subject matter, capable of physical possession e.g. land, motor vehicles etc.