Practice question
Is private ownership necessarily confined to physical objects rather than legally held property rights?
- Yes; every credit necessarily belongs to the State.
- No; the Code recognizes ownership exercised over things or rights.
- Only land can ever be owned.
- All intangible interests automatically are public plazas.
- Only objects with wheels are private property.
Legal references
- Civil Code Articles418-428: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
Answer this question in flashcards to review your response and continue practicing.