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Sentence Correction: Parts of Speech - Possession

Which of the following sentences is true?

1. Using 's  to express possession is always correct.

2. Using of  to express possession is always correct.

Incorrect.

Using 's to express possession is only allowed with concrete (that is not abstract) nouns. Thus, the phrase love's power is incorrect because love is an abstract noun.

The correct answer is Sentence 2 only.

Good!

Incorrect.

While using of to express possession is indeed always correct, using 's to express possession is only allowed with concrete (that is not abstract) nouns. For example, love's power is incorrect because love is an abstract noun. The correct way to express possession in this case is the power of love.  

The correct answer is Sentence 2 only.

While using of to express possession is always correct, using 's to express possession is only allowed with concrete (that is not abstract) nouns. For example, love's power is incorrect because love is an abstract noun. The correct way to express possession in this case is the power of love.  

Thus, the correct answer is Sentence 2 only.

Sentence 1 only
Sentence 2 only
Both sentences 1 and 2

I don't know