CA Foundation Law is the second paper of the CA Foundation course. The name of paper 2 is Business Law and Business Correspondence and Reporting. This paper aims to develop an understanding of various laws related to Business. It also assists in developing the analytical skills required to solve real-life problems.
In this article, you’ll get the CA Foundation law study material, syllabus, paper pattern, weightage, MTPs, RTPs, previous year question papers, ABC analysis, and case studies. The CA Foundation Exam Date for the Jan 2025 examinations will be out soon. Check the complete procedure of how to become a CA in India.
Register Now for the best CA Foundation Coaching Classes in India. Student Who wants to know about the complete details of Chartered Accountant. Check this article CA Kaise Bane to know the full details of the CA Process.
CA Foundation Business Law Study Material Jan 2025
Download the pdf of CA Foundation Law Study material relevant for the Jan 2025 exams
| Business Laws | |
| Initial Page | |
| Chapter 1: Indian Regulatory Framework | Indian Regulatory Framework |
| Chapter 2: The Indian Contract Act, 1872 | Unit 1: Nature of Contracts |
| Unit 2: Consideration | |
| Unit 3: Other Essential Elements of a Contract | |
| Unit 4: Performance of Contract | |
| Unit 5: Breach of Contract and its Remedies | |
| Unit 6: Contingent and Quasi Contracts | |
| Unit 7: Contract of Indemnity and Guarantee | |
| Unit 8: Bailment and Pledge | |
| Unit 9: Agency | |
| Chapter 3: 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 4 The Indian Partnership Act, 1932 | Unit 1: General Nature of Partnership |
| Unit 2: Relations of Partners | |
| Unit 3: Registration and Dissolution of a Firm | |
| Chapter 5: The Limited Liability Partnership Act, 2008 | The Limited Liability Partnership Act, 2008 |
| Chapter 6: The Companies Act, 2013 | The Companies Act, 2013 |
| Chapter 7: The Negotiable Instruments Act, 1881 | The Negotiable Instruments Act, 1881 |
Check the complete CA Foundation study material of all subjects for the Jan 2025 exams.
CA Foundation Law Previous Year’s Question Papers
| Attempt Year | CA Foundation Law Papers | Suggested Answers |
| Dec 2022 | Download | Download |
| May 2022 | Download | Download |
| December 2021 | Download | Download |
| July 2021 | Download | Download |
| January 2021 | Download | Download |
CA Foundation Paper 2 RTP of Last 5 Attempts
CA Foundation Business Law Mock Test Paper Jan 2025
Mock test papers are mocking or imagining the exams. It’s similar to the day when you will give your real exams. VSI schedules such mock tests in intervals to keep its students well-prepared for the students. ICAI also scheduled such mock tests before exams. It is important to appear for such mock tests as you may get an idea about exam patterns and also the updated syllabus. Practicing ICAI mock test papers and model question papers will help you in your upcoming CA Foundation exam. You can download the CA Foundation Law Mock Test Papers of Business Law from here.
1) ICAI CA Foundation Mock Test Papers for Business Law:
Series 1:
CA Foundation Paper Pattern for Business Laws
- Paper pattern: Subjective
- Total questions asked: 100
- Total exam duration: 2 hours
- Maximum marks got: 100 marks(60 marks for Business Law 40 marks for business correspondence and reporting)
CA Foundation Business Laws Paper Chapter-Wise Weightage
ICAI has given weightage to particular chapters according to their implication on the real world and level of difficulty. Students need to plan and prepare for the exams according to the weightage of topics and break down chapters accordingly.
SECTION A: BUSINESS LAWS (60 MARKS)
- The Indian Contract Act, 1872: 25%-35%
- The Sale of Goods Act, 1930: 20%-25%
- The Indian Partnership Act, 1932: 20%-25%
- The Limited Liability Partnership Act, 2008: 5%-10%
- The Companies Act, 2013: 15%-20%
ICAI CA Foundation Business Law Syllabus for Jan 2025
CA Foundation Syllabus has been revised by ICAI under the new scheme. Students should download the 2023 ICAI syllabus from here.
| CA Foundation Business Law Syllabus | Business Law Syllabus |
CA Foundation Law Solutions
Watch the chapter-wise CA Foundation Law modules of last 3 year papers by Piyush sir.
If you want to get good marks in the CA Foundation exams, continuous practice in all the subjects is essential. VSI Jaipur gives the best and highest CA Foundation Results every year with the most dedicated study pattern. Dr CA RC Sharma Sir always requests students to keep practicing the ICAI Question paper to get an overview of the CA Foundation exam pattern for the planned study.
Further, you can also check the complete details of the CA Course to get a better understanding of it.
CA Foundation Law ABC Analysis
How to Study for the CA Foundation Paper 2?
Students need to attempt all 100 questions in 2 hours. The questions are subjective, and students have to answer them, write letters, or even solve case studies according to new laws in the papers. The paper needs evaluation and understanding skills to solve it. If you are well versed in all the laws and their acts, then you should mention it in your answers. You should forbid giving wrong sections and acts if you are confused; instead, just write the answers.
Tips and Tricks to Crack CA Foundation Law Exams Jan 2025
- Understand the question and apply basic logic to the question.
- Evolve reading habits to know more about commercial terminology.
- Make a register to list all the sections and acts of law in the syllabus.
- VSI gives the best CA foundation coaching to prepare for a Law paper. With the mock test paper series and continuous revision, students become comfortable with the subject and can score good marks.
Indian Contract Act, 1872 of CA Foundation Law
The Indian Contracts Act of 1872 is among the oldest laws of the country related to trade and commerce. This law came into effect on Sept 1, 1872, in the whole country except J&K. As the name suggests, the Indian Contracts Act of 1872 is the main act for regulating the contracts in India.
Now, in CA Foundation, you will study the Indian Contracts Act of 1872, including the nature of contracts, consideration, performance, and breach of contract.
Check the complete procedure to become CA after 12th science in detail.
CA Foundation Classes
VSI provides the best CA Foundation classes for all the subjects at the most competitive price. They also provide CA pen drive classes and online classes to their students that cover all the study material in the most effective way.
VSI also provides a pen drive class for students of both English and Hindi mediums. You can also download the study material for Hindi medium students for the Dec 2023 CA Foundation Business Law exams.
CA Foundation Law Case Studies for the June 2024 exam
Solving case studies is one of the major challenges that students face while attempting a CA foundation law paper. We are sharing a few examples of the case studies and how they are solved.
Case study 1:
Case study 2:
Case study 3:
Case study 4:
