Practice question
A possessor’s stored movable remains under its control, but the possessor temporarily does not know which secured cupboard contains it. Under556, is that uncertainty alone necessarily loss of possession?
- No; controlled movables are not deemed lost merely because whereabouts are temporarily unknown
- Yes, every forgotten location transfers possession
- Yes, the movable becomes ownerless immediately
- Yes, a cupboard automatically acquires ownership
- Yes, the item leaves commerce by being misplaced
Legal references
- Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles537,544,549 and552–556.
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