The document discusses several key properties of fluids relevant for fluid mechanics, including:
1) Fluids can be modeled as continua when the number of molecules is sufficiently large at any point.
2) For static fluids, the only stress is normal stress since shear stress would induce motion.
3) Pressure in static fluids varies only with elevation and is constant at any horizontal plane.
4) Pressure measurement devices like manometers use fluid statics principles to determine pressure differences.