Can anyone here help me with the definition of "Choses in action"? I have looked it up, and asked others, but nobody can break it down for me. I just don't get this. What does it mean...I am slightly over worked lately, and my brain is on auto-pilot.:computer:
CHOSE - This is a French word signifying thing. In law, it is applied to personal property; as choses in possession are such personal things of which one has possession; choses in action are such as the owner has not the possession, but merely a right of action for their possession. Choses in actions are rights to receive or recover a debt, or money, or damages for breach of contract or for a tort connected with contract, but which cannot be enforced without action and therefore termed choses, or things in action.