1. Which statement best defines property in the legal sense used here?
2. Which statement best captures ownership as described here?
3. What is a chose in possession?
Property — definition?
Legal aggregate of rights over something.
Ownership — role?
Most extensive right, including possess, use, dispose, exclude.
Property as a relationship — concept?
Power relationship society recognizes over a thing.
Chose in possession — what?
Tangible property physically held and controlled.
Chose in action — what?
Intangible legal right to claim performance.
Ownership (de jure) — meaning?
Legal relationship with the strongest rights over a thing.
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