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That's wrong.

A 'chattel' can be defined as any thing other than land, buildings or things permanently attached to land or buildings that a person might lawfully possess. From this definition, it is apparent that a chattel is a 'moveable' rather than a 'fixed' thing. And, because it can be possessed, a chattel is, by definition, physical property rather than intangible or 'incorporeal' property. Simply put, 'chattels' generally refers to the moveable goods that a person possesses or has the right to possess.

A chattel is sometimes referred to as a 'chose in possession'. As noted above, the word 'chose' is the French word for 'thing'. 'Chose in possession' simply means 'a thing which a person has a legal right to possess'.

In the list, the shed built on Albert's land cannot be a chattel (chose in possession) because it is permanently fixed to the land and is not a moveable thing.

The brand name under which Albert markets the goods he manufactures cannot be a chattel because a brand name does not have a physical existence. It is intangible and cannot be possessed.

The flatbed truck parked in Albert's shed meets the definition of a chattel. It is tangible property, capable of possession, and although parked in the shed, it is not permanently attached to the building: it is therefore moveable.