Can I just keep my loaner iphone 5?

I went into the apple store to take part in the sleep wake button replacement program for the iphone 5 and I was given a loaner iphone 5. My loaner iphone happens to be in really nice condition (brand new) and I would really just like to keep it. Is it possible to just keep the iphone and have the apple store take my refurbished one?

Well first off you can't just claim that the sleep wake button is broken and try to get a new one. My button was broken and they gave me the loaner iphone while my iphone is being fixed. In the contract it also says that failure to return loaner iphone will result in full ownership of the loaner iphone and apple will get to keep my iphone. It's almost like a swap. And I just happened to be lucky to get a loaner iphone in perfect condition. Most of the time they are the worst phones you have ever seen. That is why I would like to keep this one. Plus it's more hassle having to go up to the apple store again and restore everything.

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