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1.
Homonyms which determine the I.Q. of the user.
There refers to a place.
Their is a possessive noun.

See also: you're/your
"There is a car" - Intelligent
"Their car is cool" - Intelligent
"There penis is small" - A fucktard.
"It's over their" - A fucktard.
by smitty October 20, 2003