In your own words, answer the following questions: 1. What is liquidation? 2. Payments of Liability of Partnership. How are the liability of partnerships are being paid? 3. What if the partner is insolvent and there are claims against separate property? 4. What is Realization? 5, What is right-of-offset? 6. What is Capital, Deficiency? 7. What is Partner's Interest? 8. What is Partner's Free Interest? 9. What is the Partner's Restricted Interest? 10. Types of Liquidation 11. If the partner is deficient, how it is being eliminate? 12. Is the partner is insolvent, how it is being eliminate? 13. What is Lump sum & Installment