All you need for CA foundation law (Business Law and Business Correspondence Business Reporting) is discussed here in this article, read and know everything you should know!
CA Foundation Law 2023
Paper 2 of CA foundation course is Business law and Business correspondence and reporting.
The major objective of the paper is to develop the understanding of business and its legal network and develops the analytical skill to address basic application oriented issue.
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CA Foundation Law Study Material:
Here is the study material for the law (Business Law), which we suggest candidate to download from here and use it as a reference book to understand the fundamental of this subject
Study Material for CA Foundation Business Law:
Download CA Foundation Study material for Business Law from given link below
Chapter 1: The Indian Contract Act, 1872
Chapter 2: The Sale of Goods Act, 1930
| Unit 1: Formation of the Contract of Sale Unit 2: Conditions & Warranties Unit 3: Transfer of Ownership and Delivery of Goods Unit 4: Unpaid Seller |
Chapter 3: The Indian Partnership Act, 1932
| Unit 1: General Nature of a Partnership Unit 3: Registration and Dissolution of a Firm |
| Chapter 4: The Limited Liability Partnership |
| Chapter 5: The Companies Act, 2013 |
Study Material for CA Foundation Law:
| Chapter 1: Communication Chapter
2: Sentence Types and Direct-Indirect, Active-Passive SpeechChapter3: Vocabulary Chapter 4: Comprehension Passages Chapter 5: Note MakingChapter 6: Introduction to Basics of Writing Chapter 10: Writing Formal Letters and Official Communication Part II: Official Communication |
CA Foundation Law Mock Test Papers and Revision Test Papers:
Mock Test Papers and RTP For CA Foundation Business Law:
| Revision Test Papers for Business Law | Questions for Practice |
| 08th Nov. 2022 | CA Foundation Law Mock Test Papers 2022 |
For CA Foundation Business Correspondence and Reporting of Dec 2020:
| Year | Mock Test Paper |
| Dec 2020 | Question & Answer |
CA Foundation Law Question Papers with Suggested Answers:
It is advice to students, to practice these test paper and CA Foundation question paper of the previous attempt, to get an idea about the pattern and expectation from ICAI for the exam in 2023.
| Question Papers | Suggested Answers |
| May 2022 | Download Question and Answers |
CA Foundation Law Weightage:
CA Foundation Business Law Weightage:
| The Indian Partnership Act, 1932 | 20%-25% |
| The Companies Act, 2013 | 15%-20% |
| The Indian Contract Act, 1872 | 25%-30% |
| The Limited Liability Partnership Act, 2008 | 5%-10% |
| The Sale of Goods Act, 1930 | 20%-25% |
Business Correspondence Business Reporting Weightage:
| Sentence Types and Vocabulary | 20%-30% |
| Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal verbs, Collocations, and Idioms. | |
| Developing Writing Skills | 35%-40% |
| Communication | 10%-15% |
| Comprehension Passages and Note-Making | 20%-30% |
CA Foundation Law Syllabus
CA Foundation Syllabus for Law is given below
Business Law Syllabus:
| Objective:To develop an understanding of significant provisions of select business laws and acquire the ability to address basic application-oriented issues.
Contents
|
Business Correspondence Business Reporting
Objective:To acquire and develop good communication skills required for business correspondence and reporting. Part – II: Sentence Types and Word Power
Sentence Types (Direct -Indirect, Active-Passive Speech)
Sentence: Definition
Classification of sentence based on connotation
Sentence Structure
Types of sentences
Direct-Indirect Speech
Active Passive Voice: Introduction
Verbs Voice Active or passive
Exercises
Part – III: Comprehension Passages and Note-Making
Comprehension Passages
Note Making
Introduction to Note Making
The significance of Note Making
Detailed Format Heading(Title)
Steps to Comprehend and summarize text
Helpful Hints
Sample Passages with Notes
Exercises
Part – IV: Developing Writing Skills
Introduction to Basic Writing
Introduction
Process of writing
Styles of Writing
Significance of writing skills for students
Writing Conventions
Characteristics of good writing
Do’s and Don’ts of good writing
Précis Writing
What is Précis writing?
Features of good Précis writing
How to write a Précis
Do’s and Don’ts of Précis writing
Examples (Passages with Précis)
Exercises
Article Writing
What is an Article?
Essential elements of Article Writing
Detailed Format
Report Writing
What is a Report?
Essential elements of Report Writing
Kinds of Reports
Detailed Format for (iii) above
Writing Formal Letters
Types of Letters
The detailed format for (i) above
Points to Remember
Sample Letters
Exercises
How to Write a Formal Mail?
Writing Effective Mails
Essential elements of Mails
Tips and Conventions of Mails
Sample Mails
Exercises
Resume Writing
Essential Elements of Resume
Resume Writing Tips and Conventions
Sample Resumes
Exercises
CA Foundation Law Preparation Tips
It becomes quite easy to prepare and write exams if a certain methodology is known. The student not only saves their time but also create expertise in solving every bit of question. Some methodology is listed as an aid to CA aspirants
- Go through previous study material, question paper, mock test paper and then go through suggested answers by ICAI as it will give a brief understanding of ICAI format and expectation.
- Divide all your answer into 3 major groups, identifying the problem, solution or suggestion to the problems according to legal network and conclusion or recommendation to the problem.
- By heart, the section and keep revising it but even after that if you forget those section then never give wrong section number, to can let it go and write the other part of the answer.
Download all the necessary material requires for CA Foundation Preparation from here.
CA Foundation Mock test papers
CA Foundation Model Question papers
Hope this would have saved your time. print a hard copy of the pdf format and can attach to make it handier while studying
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