Title
From Wikipedia, so decide for yourself if it's true or not:
"No apostrophe is used in the following possessive pronouns and adjectives: yours, his, hers, ours, its, theirs, and whose. (Many people wrongly use it's for the possessive of it; but authorities are unanimous that it's can only properly be a contraction of it is or it has.)"
Biting the hand that feeds IT
