This document discusses several key properties of fluids: viscosity, surface tension, and capillary action. Viscosity is a fluid's resistance to flow and depends on internal friction. Surface tension is a contractive tendency that allows fluids to resist external forces. Capillary action describes a fluid's ability to flow in narrow spaces without external assistance and against gravity, such as liquid rising in a thin tube. The document provides examples of applications for each property, like lubrication using viscosity and water striders walking on water using surface tension. Formulas for calculating these properties are also presented.