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Bailor
The person who transfers personal property under a contract of bailment.
Borne
Carried or transported by the thing specified; often used to indicate who bears the responsibility for paying costs or charges.
Chattel
Personal property that can be moved from one place to another, such as furniture or vehicles.
Intangible Personal Property
Property that does not have a physical presence but holds value, such as patents, copyrights, trademarks, and financial assets.
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