CA Foundation - Business Laws and Business Correspondence

While law isn't the primary field of expertise for a CA, however having sound knowledge of certain Business Laws is of paramount importance for all CA aspirants as they have to anon deal with Taxation and Company Law matters wherein their Business Laws erudition would greatly benefit them, besides all such CA's also need to be astute and articulate in their communication, and hence we have the subject of Business Correspondence to study.

Course Content

Business Laws

1. The Indian Contract Act, 1872

This chapter recapitulates Section 1 to 75 of Indian Contract Act,1872, primarily covering the General Nature Of Contract, Consideration, Elements of a Valid Contract, Performance and Breach of Contract along with Contingent and Quasi Contract.

2. The Sale of Goods Act, 1930

Herein a student learns about Contract of Sale, Conditions and Warranties, Transfer of Ownership and Delivery of Goods along with the Rights and Remedies available to an Unpaid Seller.

3. The Indian partnership Act, 1932

Fundamental Nature of Partnership, Duties and Rights of Partners along with Reconstitution, Registration and Dissolution of a firm are the topics covered in this chapter.

4. The Limited Liability Partnership Act, 2008

A lucid introduction delineating the Nature, Scope, Features and Characteristics of LLP, along with its Incorporation and how does it varies from other forms of organizations, is to be studied by a student in this chapter.

5. Companies Act, 2013

In this chapter, a student would learn about the fundamental Features of a Company, Corporate Veil theory, Different Types of Companies, Incorporation of a Company, about MOA, AOA and Doctrine of Indoor Management.

Business Correspondence

1. Communication

Herein a student would be acquainted with the Types, Directions, Network, Process, Problems and Barriers in the wide-ranging, indispensable process of Communication.

2. Sentence Types

Sentence Definition, Structure, Types, Direct and Indirect Speech, Active and Passive Voice are the topics to be studied in this chapter.

3. Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal Verbs, Collocations & Idioms

This eclectic topic offers an explicit overview into the ginormous world of English vocabulary, Root Words, Synonyms and Antonyms, Words formed by using Prefixes and Suffixes, Phrasal Verbs, Collocations and Idioms.

4. Comprehension Passages

Herein a student learns how to read and answer Unseen Comprehension Passages.

5. Note Making

A student is taught how to do Note Making with correct use of Abbreviations, along with writing down a succinct Summary.

6. Introduction to Basic Writing

Introduction to Writing, Process of Writing, Styles and Significance Of Writing is dealt with in this chapter along with the Writing Conventions and the Do's and Don'ts that is to be kept in mind for good writing.

7. Précis Writing

A clear understanding of Précis, How to write an eloquent Précis, Features of a Good Précis, Do's and Don'ts to be adhered to, are all talked about in detail in this chapter.

8. Article Writing

As the name limns, herein a student learns how to write an articulate and engrossing article.

9. Report Writing

What is a Report, Unique Characteristic Features of a Report, Kinds of Reports along with the Detailed Format for each of the various types, Do's and Don'ts for Report Writing and most importantly, How to Write a succinct, albeit factual report is taught to a student in this chapter.

10. Writing Formal Letters

In this chapter, a student would learn how to write Formal Letters, Circulars, Memos, Complaints, Letters for Recovery/ Remittances, Promotional Content, Sales etc.

11. Writing Formal Emails

As the name suggests, a student learns how to write formal emails in this chapter.

12. Resume Writing

Herein a student learns how to make a noticeable, striking resume that would catch the eye of a potential employer.

13. Meetings

In this chapter, a student gets a strong grasp of Notice, Agenda, and also Minutes of a Meeting along with the Action Taken Report.