Ionic or a molecular compound 1. How do you identify a compound as an ionic or a molecular compound? 2. Are there any elements that exist as molecular compounds? If so, which? Give an example with the correct formula. No repeats 3. Give an example of an ionic compound and name the compound – Note: each student must come up with their own example of an ionic compound – no repeats. 3.Give an example of a molecular compound and name the compound- Note:each student must come up with their own example of a molecular compound- no repeats.