Write the word "TRUE" if the statement is true, and the word "FALSE" if the statement is false. 1.An artificial person like a corporation may be a partner in a partnership. 2.A limited partner may contribute money and\or property to a partnership but not services. 3.A partnership has a personality separate and distinct from each of the partners. 4.A partnership begins from the moment of the execution ofthe contract, unless a different date is stipulated. 5.A partnership whose capital in money or property amounts to P3, 000.00 or more does not acquire juridical personality if the contract is not recorded with the Securities and Exchange Commission 6.The sharing of gross returns does not to itself establish a partnerships even a person's sharing them or have a joint common interest in the property from which the returns are derived. http://7.In a universal partnership of all present property, the partners may stipulate that future property shall belong to the partnership but the stipulation cannot include property acquired by inheritance, legacy or donation. http://8.In a universal partnership of profits, property belong to each partner at the time of establishment of the partnership shall continue to pertain to each partner with only usufruct passing on to the partnership. 9.Articles of universal partnership entered into without the specification of its nature, only constitute a universal partnership of all present property. 10.A man an d a woman living together as husband and wife without the benefit of marriage may enter into a universal partnership