Match each statement to the appropriate term (a-h).

When a partnership cannot pay its debts with business assets, the partners must use personal assets to meet the debt

Agreement that is the contract between partners

A voluntary association of two or more persons who co-own a business for profit

Every partner can bind the business to a contract within the scope of the partnerships regular business operations

The process of going out of business by selling the entitys assets and paying its liabilities

Without an agreement, the law will stipulate this method of sharing profits and losses

The final step in the liquidation of a partnership

Causes the closing of accounts and settling with a partner's estate

a.	partnership
b.	partnership agreement
c.	distribution of remaining cash to partners
d.	mutual agency
e.	equally
f.	death of a partner
g.	liquidation
h.	unlimited liability