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Essay

equity and trusts

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Thaddeus M

 

Date added:

October 3, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2545

 

Was viewed:

1994 times

 

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Essay content:

Similarly, a creditor may obtain a loan from a factor by assigning in his favor all his rights over a debt. These type of assigned rights are called ?choses in action', which are intangible rights as opposed to ?choses in possession' (a right to tangible objects). Channell J defined the expression ?choses in action' in Torkington v Magee , to mean "all personal rights of property which can only be claimed or enforced by action, and not by taking possession...
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Channell J defined the expression ?choses in action' in Torkington v Magee , to mean "all personal rights of property which can only be claimed or enforced by action, and not by taking possession." When a right in the nature of a chose in action is transferred from an assignor to an assignee, an assignment is made...
displayed 300 characters

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