Quote Originally Posted by Throbert McGee View Post
P.S. Regarding the сокращение of "is" and "has" to 's -- yes, this is correct and common. Just off the top of my head, here are some classic song lyrics:

"There's a place for us -- somewhere a place for us!" (i.e., "there is a place") -- 1956
"There's got to be a morning after ("there has got to be", meaning "there must be") -- 1973
"She's got it, yeah baby, she's got it" (i.e., "she has got it", meaning "she has it") -- 1968

However, in a sentence like "She has beautiful eyes," the word "has" CANNOT be contracted to 's -- at least, not in normal US English (though it was possible in old-fashioned UK English, I think).
I can't actually think of any sentence with "has" as the main verb (not "has got "/"has gotten" or anything like "has seen" etc.), where that contraction would be possible.

PS. It might have to do with the fact that making such a contraction would bring in certain ambiguousness in a lot of cases. Consider "he's a slave", for instance. Now, is he free or not? =))