11. May contributed money, property or industry to the common fund A. Limited partner B. General partner C. Both limited and general partner D. Dormant partner 12. May be required to make additional contribution in case of imminent loss: A. Capitalist partner B. Limited partner C. Industrial partner D. Dormant partner 13. 1st Statement - F was a bookkeeper in a partnership named "GH", with a yearly salary amounting to 5% of the net profits for the year. F, however had no vote at all in the management of the business. He is a partner in GH. 2nd Statement - Unless there is a stipulation to the contrary, the partners shall contribute equal shares to the capital of the partnership. A. both statement are true B. both statement are false C. only the first is true D. only the second is true 14. 1st Statement - Co-ownership or co-possession does not in itself establish a partnership, except when such co-owners or co-possession share in the profits made by the use of the property. 2nd Statement - The sharing gross returns does not of itself established a partnership, except when the persons sharing them have a joint or common right or interest in any property from which the returns are derived. A. both statement are true B. both statement are false C. only the first is true D. only the second is true 15. 1st Statement - The receipt by a person of a share of the profits of a business is conclusive evidence that he is a partner in the business 2nd Statement - A partnership o