Which of the following is the correct definition of "chattel"?
A) "Chattel" is a name used to describe the land registration system in place in the western provinces.
B) "Chattel" is an intangible form of personal property, such as a debt or claim.
C) "Chattel" refers to intellectual property such as patents and copyrights.
D) "Chattel" is the term used to describe tangible personal property or movables.
E) The term "chattel" is the broad term used to describe any kind of property interest.

Question

Quizplus · Accepted Answer

"Chattel" is a legal term that refers to tangible personal property or movables, such as furniture, vehicles, livestock, etc. This distinguishes it from "real property" which includes land and buildings.

Which of the Following Is the Correct Definition of "Chattel