Bonjour
Its = adjectif possessif lorsque le possesseur est une chose, un animal...
it's = it is . Contraction du pronom personne 3e personne du singulier avec le verbe BE conjugué à la 3 e pers. sing.
1- The dog is looking for its bone. (son os)
2- They said it's bound to happen. (c'est inévitable, ça doit arriver...)
3- I'm not sure how often it's happened. (c'est arrivé)
4- The company has announced its latest figures. (ses derniers chiffres)
5- Do you think it's really possible ? (c'est vraiment possible)
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bonne fin de soirée ☺☺☺