IDENTIFICATION each of the following Instructions: Write the word or group of words that identify each of the fol statements. mited liability excepi 1. A partnership wherein all the partners have limited liability for at least one general partner 2. The contribution of an industrial partner. 3. A partner who contributes money, property, and industry. 4. A characteristic of a partnership wherein any partner can act in behalf of the partnership as long as these acts are within the scope of normal partnership activities. 5. A partnership which has failed to comply with one or more of the legal requirements for its establishment. 6. An entry prepared when a partner contributes skill or industry into the partnership A partnership organized for the purpose of rendering services. 8. A contract whereby two or more persons bind themselves 10 contribute money, property, or industry to a common fund with the intention of dividing profits among themselves. 9. The value assigned to the non-cash asset contributed into partnership 10. One who is not really a partner, not being a party to the partnership agreement, but is made liable as a partner for the protection innocent third persons. 11. A written partnership contract which governs the form operation and dissolution of the partnership