1 minus 3/8 = 5/8 7/11 minus 3/11 = 4/11 3(whole) and 4/5 minus 2(whole) and 1/5 = 1 and 3/5 11(whole) and 3/4 minus 3(whole) and 1/5 = 8 and 11/20 6(whole) and 1/2 minus 5 = 1 and 1/2. rocktricia Â· 7 years ago.
From Wikipedia, the free encyclopedia. Chattel mortgage, sometimes abbreviated CM, is the legal term for a type of loan contract used in some states with legal systems derived from English law. Under a typical chattel mortgage, the purchaser borrows funds for the purchase of movable personal property (the chattel) from the lender. The lender then secures the loan with a mortgage over the chattel.
Chattel. A catch-all category of property mostly associated with movable goods. At common law, chattel included all property that was not real estate and not attached to real estate. Examples included everything from leases, to cows, to clothes.In modern usage, chattel often merely refers to tangible movable personal property.t common law, chattel included all property that was not real estate and not attached to real estate. Examples included everything from leases, to cows, to clothes. In modern usage, chattel often merely refers to tangible movable personal property.