Derek Moran
CHOSE IN ACTION: 1. 'Chose In Action' is a known legal expression used to describe ALL PERSONAL RIGHTS OF PROPERTY which can ONLY be CLAIMED or ENFORCED by ACTION, and NOT by taking PHYSICAL possession. The term covers MULTIFARIOUS RIGHTS, many diverse in their ESSENTIAL nature, such as DEBTS :P, COMPANY SHARES, NEGOTIABLE INSTRUMENTS, and RIGHTS OF ACTION founded on TORT or BREACH OF CONTRACT. 2. an INCORPOREAL RIGHT to something not in one's possession, and accordingly, it is not possible for the DEBTOR to have possession of it.