Description
Taxmann Business Laws (Law) CRACKER by S.K. Agrawal and Manmeet Kaur
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 13th 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