Practice question
A classification report lists three assets: a privately owned delivery van, a lot validly held by two private co-owners, and a municipal public plaza still devoted to public use. The report labels all three private because each has an identifiable owner. Which correction is proper?
- All three are private because ownership is known
- Only the van can be private; co-ownership is always public
- The van and co-owned lot are private, while the public plaza remains public-use property
- Only the plaza is private because the municipality owns it
- None can be classified without sale to another owner
Legal references
- Civil Code Articles 419–425: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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