The right to tangible property that can be possessed is known as
A) equitable assignment.
B) assignment of rights.
C) chattel property rights
D) a chose in possession.
E) a chose in action.

Question

Quizplus · Accepted Answer

The right to tangible property that can be possessed is known as "chose in possession," which is the right to possess and enjoy the property. This is different from "chose in action," which refers to intangible property rights that cannot be physically possessed, such as patents or copyrights. Equitable assignment and assignment of rights refer to the transfer of property rights from one party to another, while chattel property rights refer to ownership of personal property or assets.

The Right to Tangible Property That Can Be Possessed Is