FREE CA Foundation LAW Video Classes | Indian Contract Act | Lecture 2
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The level of complexity of the CA Foundation Business Law Online Classes is as per standards accorded by IAESB comprising an ideal mix of subjective and objective examination pattern to ensure discerning students get through and seek admission to the CA Course.
Laws in general, regulate the relationship of business and profession with the society. As Business forms an integral part of the society, so, law is essential for regulating the rules by which people and businesses interact with each other. Law affects almost every function and area of business. Without law there would be chaos and there would be conflicts between social groups and commercial establishments.
As a student aspiring to become a Chartered Accountant, he should have knowledge of those legal frameworks, which influences the business transactions. These CA Foundation LAW Video Classes on Business Laws intends to make the students aware of legal background relating to business laws. It covers many different types of laws and many different topics. The syllabus CA Foundation LAW Video Lectures of Business Laws has been segregated into five chapters covering the following:
• The Indian Contract Act 1872
• The Sale of Goods Act 1930
• The Indian Partnership Act 1932
• The Limited Liability Partnership Act 2008 and
• The Companies Act 2013
We hope that the our CA Foundation business Laws Video Lectures will set a good foundation for students to understand significant provisions of select business laws and they will acquire the ability to address basic application- oriented issues.
Also, for the benefit of the students, our CA Foundation Business Law Online Classes are inclusive of
• learning objectives and chapter overview at beginning of each chapter for better understanding.
• Step by step approach is followed in each chapter
• Appropriate explanation of the text through number of examples
• Summary
• Questions along with their answers.
We hope that students will find these CA Foundation LAW Classes user friendly and in case of any queries that they may have while learning from the Classes, they are welcome to write at VirtualProfsOfficial@gmail.com
CA Foundation Business Law Notes Content & Syllabus
Objective:
To develop an understanding of significant provisions of select business laws and acquire the ability to address basic application-oriented issues.
Contents:
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 company, corporate veil theory, Classes of companies, types of share capital, Incorporation of company, Memorandum of Association, Articles of Association, Doctrine of Indoor Management.
Note: If new legislations are enacted in place of the existing legislations, the syllabus would include the corresponding provisions of such new legislations with effect from dates notified by the Institute.
Best CA Foundation Laws Classes and Revision Along with Marathon will be Provided on Virtual Profs Platform. CA Foundation can Study CA Foundation Business Law Video Lectures and CA Foundation Law Online Classes from this Channel
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