Taxmann CA Foundation Cracker Business Laws By Manmeet Kaur S.K. Agrawal Applicable for May / Sep 2025 Exams

This book is tailor-made for CA Foundation aspirants, specifically covering Paper 2: Business Laws under the New Syllabus. It compiles past examination questions (including the January 2025 Exam), answers, additional practice questions, RTPs, and MTPs and provides chapter-wise analysis. Its goal is to offer concept clarity, facilitate quick revision, and foster rigorous practice—ensuring students can tackle the exam confidently.

The Present Publication is the 13^th Edition for the CA-Foundation | New Syllabus | May/Sept. 2025 Exams. This book is authored by Dr S.K. Agrawal & CA. Manmeet Kaur, with the following noteworthy features:

• [Exhaustive Coverage of Past Exam Questions] Includes questions and answers from the latest January 2025 exam, ensuring students have up-to-date practice material
• [Additional Important Questions] Curated questions targeting critical topics frequently appearing in exams, bolstering students’ preparedness.
• [Coverage of RTPs & MTPs] Incorporates questions from the Revision Test Papers (RTPs) and Mock Test Papers (MTPs) issued by ICAI, aligning the book’s content with official standards
• [Chapter-wise Marks Distribution] Detailed allocation of marks from previous exams, helping students identify important and frequently tested areas.
• [Variety of Question Types] A balanced mix of Theoretical Questions, Short Notes, and Case Studies, ensuring comprehensive practice.
• [Chapter-wise Mapping with ICAI Study Material] Each chapter is meticulously linked to the relevant units in the ICAI study material, enabling easy cross-referencing
• [Guidance on Answering Case Studies] Provides a clear framework—Provision, Connection, Conclusion—to structure high-scoring answers in exams
• [Quick Revision Tool] As a ‘CRACKER,’ the book focuses on brevity and clarity, making it highly suitable for last-minute revisions

The book is divided into units and chapters mirroring the CA Foundation syllabus and ICAI’s study material. Major legislations covered include:

• Indian Regulatory Framework
• Understanding the basic legal environment and framework governing businesses in India.
• Indian Contract Act, 1872
• Nature, Offer & Acceptance, Consideration, Free Consent, and other core contract concepts
• Special contracts like Indemnity & Guarantee, Bailment & Pledge, and Agency
• Sale of Goods Act, 1930
• Formation of Contract of Sale, Conditions & Warranties, Transfer of Ownership, Unpaid Seller
• Indian Partnership Act, 1932
• General nature of partnership, relations among partners, registration, and dissolution
• Limited Liability Partnership Act, 2008
• Formation, structure, and functioning of LLPs in India
• Companies Act, 2013
• Essential aspects relevant at the CA Foundation level
• Negotiable Instruments Act, 1881
• Definitions, characteristics, and essentials of Negotiable Instruments

The structure of the book is as follows:

• Unit-wise Division – Each Unit corresponds to a specific Act or a set of related Acts, ensuring clarity in subject division
• Chapter Overview & Learning Objectives – Each chapter begins with a concise overview outlining key topics and learning goals
• Past Examination Questions – Questions are categorised into:
• Short Answer Type (SAT)
• Long Answer Type (LAT)
• Case Studies (CS)
• This helps students practice according to the weightage and difficulty level expected in exams
• Chapter-wise Marks Distribution & Comparison – Tables illustrating how each chapter has been tested in previous exams and how chapters map to ICAI study modules
• Answer Presentation Tips
• Provision – State the legal principle or section
• Connection – Relate it to the scenario
• Conclusion – Summarise the inference and outcome
• Quick Revision Notes – Condensed notes and hints are provided for last-minute revision, reinforcing conceptual clarity