Practice question
A privately owned demandable credit and a privately owned parcel are both validly established. A classifier says the credit cannot be private because intangible, and the parcel cannot be private because immovable. Which is correct?
- Only anonymous physical objects can be private.
- Both objections confuse nature or form with the separate ownership classification.
- Every intangible right is necessarily government patrimony.
- All immovables are automatically public streets.
- The claimant's preference alone establishes title without proof.
Legal references
- Civil Code Articles418-428: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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