What Is the Difference Between a Chose in Action and a Chose

question 68

Multiple Choice

What is the difference between a chose in action and a chose in possession?

• A)A chose in action always pertains to land,but a chose in possession does not.
• B)A chose in action is a living thing,such as a plant,whereas a chose in possession is a non-living thing,like a diamond or a book.
• C)A chose in action can only be enforced through legal proceedings,whereas a chose in possession can be enforced by lawful physical force.
• D)Canadian law recognizes choses in possession but not choses in action.
• E)A chose in action is a thing that can be moved,while a chose in possession is a thing that must remain in one place.

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Definitions:

Human Ingenuity

The capacity of humans to invent, create, and solve problems using creativity and intelligence.

Output Of Goods

The total quantity of products or services produced by a company, industry, or economy within a specific time period.

Economic Pie

A metaphorical representation of the total wealth or economic output available for distribution or sharing among a population or group.

Production Possibilities Curve

A graphical representation that shows the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.