6. Distinguish pledge and sale.

7. May choses in action be mortgaged?

8. Define and distinguish choses in action and choses in possession. May both be mortgaged?

9. What is the purpose of a chattel mortgage?

10. Does a chattel mortgage require a consideration?

11. Can there be a chattel mortgage without a debt to be secured?

12. Must a chattel mortgage be in writing?

13. A mortgages his horse to B to secure a debt of $40.00. A delivers the horse to B. The mortgage is oral. Is it binding?

14. What is the reason for filing or recording a chattel mortgage?

15. Does a chattel mortgage of property, possession of which is given the mortgagee, have to be recorded to be binding?