CA Foundation Business Laws and Business Correspondence and Reporting

Section A: Business Law

Chapters

Topics

1. The Indian Contract Act, 1872

• An overview of Sections 1 to 75 covering the general nature

of contract, consideration

• other essential elements of a valid contract

• performance of Contract

• breach of contract

• Contingent and Quasi Contract.

2. The Sale of Goods Act, 1930

• Formation of the contract of sale

• Conditions and Warranties,

• Transfer of ownership and delivery of goods

• Unpaid seller and his rights.

3. The Indian Partnership Act, 1932

• General Nature of Partnership

• Rights and duties of partners,

• Reconstitution of firms

• Registration and dissolution of a firm.

4. The Limited Liability Partnership Act, 2008

• Introduction- covering nature and scope

• Essential features, characteristics of LLP

• Incorporation and differences with other forms of organizations

5. The Companies Act, 2013

• Essential features of the company

• corporate veil theory

• Classes of companies

• types of share capital

• Incorporation of the company

• Memorandum of Association

• Articles of Association

• Doctrine of Indoor Management

SECTION B: Business Correspondence and Reporting

1. Communication

• Types

• Directions

• Network

• Process

• Problems

• Barriers

• Types of Communication

• Interpersonal Skills

• Listening Skill

• Emotional Intelligence

• Sample Questions with Answers

• Exercises.