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Law dictionary
Chose

Chose

noun

A common law term referring to rights in property.

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For example

Chose in possession is a collection of rights and remedies.

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For Finance and Commercial law

Consumer credit agreement

Fraudulent preference

Other useful terms:

Chose in action

A right such as a patent, or a right to recover a debt. A chose in action does not physically exist. For example, you cannot touch patents or rights because they have no physical existence.

Chose in possession

An object which physically exists, such as furniture.

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