Question

F. Possession (Civil Code, arts. 523-561)

1. Julius lends his car to his friend Mark for a week while he is out of town. When Julius returns, he finds out that Mark has refused to return the car, claiming ownership of it. Julius decides to take legal action to recover his car.

a) What is the concept of possession under the Civil Code? How is possession acquired and lost? Provide the legal basis for your answer.

b) Can Mark claim ownership of the car based on possession? Explain the requisites for acquisition of ownership through prescription.

c) What is the effect of Julius' legal action on the possession of the car?