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This article will cover all necessary material required to clear CA Foundation Law subjects in the first attempt.
👉CA foundation Law subject is divided into two sections
- Section A covers Business Laws
- Section B covers Business correspondence & reporting.
SECTION A: BUSINESS LAW HAS FIVE CHAPTERS
| Chapter 1 | The Indian Contract Act,1872 |
| Chapter 2 | The Sale Of Goods Act,1930 |
| Chapter 3 | The Indian Partnership Act,1932 |
| Chapter 4 | The Limited Liability Partnership Act,2008 |
| Chapter 5 | The Companies Act,2013 |
SECTION B: BUSINESS CORRESPONDENCE HAS THIRTEEN CHAPTERS
| Chapter 1 | Communication | Chapter 8 | Article Writing |
| Chapter 2 | Sentence Types | Chapter 9 | Report Writing |
| Chapter 3 | Vocabulary | Chapter 10 (I) | Formal Letters |
| Chapter 4 | Comprehension Passages | Chapter 10(II) | Official Communication |
| Chapter 5 | Note making | Chapter 11 | Writing Formal Mails |
| Chapter 6 | Basic of Writing | Chapter 12 | Resume Writing |
| Chapter 7 | Precis Writing | Chapter 13 | Meeting |
Also Read: CA Foundation Nov/Dec 2021 Accounts
Also Read: CA Foundation Nov/Dec 2021 Business Maths
💃Let us begin our journey for learning.
💡Table of contents
✔Free Youtube Classes
✔Study Material
✔Chapter-wise weightage
✔RTP & MTP
✔Suggested Answers
✔Revision
👉Free Business Law Classes
I found classes for Business Law for the CA foundation applicable for December 2021.
So you need to self prepare for Business correspondence & reporting.
The Chapter-wise link for classes is given below.
| Serial No | Particulars | Link |
|---|---|---|
| 1 | Complete Course | Playlist |
| 2 | The Indian Contract Act, 1872 | Playlist |
| 3 | The Sale of Goods Act,1930 | Playlist |
| 4 | The Indian Partnership Act,1932 | Playlist |
| 5 | The Companies Act,2013 | Playlist |
👉STUDY MATERIAL
SECTION A: BUSINESS LAW
| Chapter 1 The Indian Contract Act, 1872 | Chapter 2 The Sale of Goods Act,1930 | Chapter 3 The Indian Partnership Act,1932 |
|---|---|---|
| Nature of Contracts | Formation | General Nature |
| Consideration | Conditions & Warranties | Relations of Partner |
| Elements of a Contracts | Transfer of ownership | Registrations of firm |
| Performance of Contract | Unpaid Seller | |
| Breach of contract | ||
| Contingent & Quasi Contract |
| Chapter 4 | The Limited Liability Partnership Act,2008 |
| Chapter 5 | The Companies Act,2013 |
SECTION B : BUSINESS CORRESPONDENCE AND REPORTING
👉CHAPTER WISE WEIGHTAGE
CA foundation Paper no 2 carries 100 marks in which:
Section A: Business law carries 60 marks
Section B: Business Correspondence & Reporting carries 40 marks
Below is the chapter-wise weightage:
Section A: Business Law (60 marks)
| Sections | Chapter Name | Weightage |
|---|---|---|
| I | The Indian Contract Act,1872 | 25%-30% |
| II | The Sale of Goods Act,1930 | 20%-25% |
| III | The Indian Partnership Act,1932 | 20%-25% |
| IV | The Limited Liability Partnership Act,2008 | 5%-10% |
| V | The Companies Act,2013 | 15%-20% |
Section B: Business Correspondence & Reporting (40 marks)
| Sections | Content | Weightage |
|---|---|---|
| I | Communication | 10%-15% |
| II | Sentence Types & Vocabulary | 20%-30% |
| III | Comprehension Passages and Note Making | 20%-30% |
| IV | Developing Writing Skills | 35%-40% |
👉RTP & MTP
Studies from RTP & MTP form a crucial part in the preparation for exams. Attempting RTP & MTP gives you an insight into what questions are asked in exams and how candidates should present answers in the exams.
RTPs for Dec 2021
| Nov 21 | May 21 | Nov 20 |
| May 20 | Nov 19 |
MTP for Dec 2021
| Series I | Questions | Answers |
| Series II | Questions | Answers |
Also Read: CA Foundation Nov/Dec 2021 - Business Economics
👉Suggested Answers
Solving previous questions papers helps you to test your concepts and exams preparations.
| Jan 21 | Nov 20 | Nov 19 | May 19 |
👉Revisions
Revise the subjects as much as you can. The number of revisions differs from person to person. Ideally, revise the subject up to three times.
CA Rucha Sharda shared a detailed strategy to crack the CA foundation at first attempt
Link: Study Strategy
ICAI published a reference for quick revision.
Link: quick revision
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I made an effort to present all relevant materials in one place.
It will save you time from searching the various websites.
This is all for the blog.
I hope you like my efforts. Stay tuned for more such information.
Till then, HAPPY LEARNING
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