Nature Of Partnership MCQ Quiz in বাংলা - Objective Question with Answer for Nature Of Partnership - বিনামূল্যে ডাউনলোড করুন [PDF]

The correct answer is Non-contractual  relationship.

Key Points The characteristic of "non-contractual relationship" is not typically associated with a partnership. The other characteristics you mentioned—plurality of partners, sharing of profits, and the existence of a business—are indeed fundamental features of a partnership. Here's a brief explanation of each:

Plurality of Partners: A partnership typically involves two or more individuals or entities who come together to operate a business. The presence of multiple partners is a defining characteristic of a partnership, and it distinguishes it from sole proprietorships.

Sharing of Profits: Partnerships are formed with the intention of sharing both profits and losses generated by the business. This profit-sharing aspect is a fundamental element of partnership agreements and helps define the financial relationship among the partners.

Existence of Business: A partnership is created with the primary purpose of carrying on a business or trade. Partnerships are formed to engage in various commercial activities, whether it's a professional services partnership, a retail business partnership, or any other type of enterprise.

On the other hand, "non-contractual relationship" is not a characteristic of a partnership. Partnerships are inherently based on contractual agreements, typically in the form of a partnership agreement. This agreement outlines the terms and conditions under which the partnership operates, including the rights and responsibilities of each partner. The contractual nature of partnerships is a fundamental aspect of their formation and operation.