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Matching type Match the column A with the correct answer on column B. Column A 1. Partnership 2.Particular partnership 3.Partnership for a fixed term 4.Partnership

Matching type

Match the column A with the correct answer on column B. Column A 1. Partnership 2.Particular partnership 3.Partnership for a fixed term 4.Partnership by estoppel 5.Capitalist partner 6.Substituted limited partner 7.Delectus personae 8.General partnership 9.Subsidiary liability 10.General partner Column B A. All the partners are general partners. B. A period is stipulated for the existence of the partnership. C. Two or more persons bind themselves to contribute money, property or industry to a common fund with the intention of dividing the profits among themselves. D. A partner who is liable to the extent of his separate property when all the partnership assets have been exhausted. E. The pro rata liability for partnership obligations of the partners, including industrial ones, to the extent of their separate property after partnership assets have been exhausted. F. The principle that the person is free to choose those whom he wants to be associated in partnership. G. It has for its object determinate things, their use or fruits, or a specific undertaking, or the exercise of the profession. H. He contributes money and/ or property to the common fund of the partnership. I. A person admitted to all the rights of a limited partner who has did or who has assigned his interest in the partnership. J. It is not in reality a partnership but is considered as one with respect to those who, by reason of their conduct or admission, are precluded from denying its existence.

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