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Simple English definitions for legal terms
in action
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A quick definition of in action:
Term: IN ACTION
Definition: When something is "in action," it means that it can be obtained or recovered through a legal process called litigation. This is often used to describe property that someone has a legal right to, but that they don't currently have in their possession. Another way to say this is "chose in action."
A more thorough explanation:
IN ACTION
When referring to property, it means that it can be obtained or recovered through legal action. This is also known as "chose in action."
1. A person may have a chose in action if they are owed money by someone who has not paid them back. They can take legal action to recover the money owed to them.
2. If a company has a patent on a product, they have a chose in action to protect their intellectual property. They can take legal action against anyone who tries to use their patented product without permission.
The term "in action" refers to the ability to take legal action to obtain or recover something. In the examples given, both the person owed money and the company with a patent have the ability to take legal action to protect their property. This illustrates the definition of "in action" as being attainable or recoverable through litigation.