The decision maker should note the following when valuing a
chose in action.
n) 1) Chose in action means `a thing that can be sued for`
and is an actual capital resource.
2) It exists where there is an entitlement to receive a sum
of capital at a future date, for example
3) If the payment, or repayment, of the capital sum is not made
in the agreed way or time, there is a right to sue.
4) The right to receive the resource, and the right to sue,
can be sold to another party.
5) The resource's market value depends on a number of other
things including the chances of obtaining possession of the amount
at the earliest date.
