CA Foundation Business Laws MTP April 2025: Question Paper and Solutions

How to Prepare for CA Foundation Business Laws

Solving past MTPs, RTPs, and suggested answers from previous examination windows is essential to mastering time management under the time limit applicable to your exam paper. Review step-by-step working notes, legal case precedents, and accounting disclosures with instant 24/7 AI tutor assistance via CApex.

Question directory and available solutions

32 indexed questions. Open a question to read its full statement and available answer.

1. Kashish was running a business of artificial jewellery since long. He sold his business to Naman . Naman made an agreement with Kashish not to carry…
2. Parasnath Infraheight Limited is a public company and having215 members of which20 members were employees in the company during the period 1st June,…
3. “Indian Partnership Act does not make the registration of firms compulsory, nor does it impose any penalty for non-registration.” In light of the…
4. Priyansh ordered600tins of apple juice from an American Company Amjuice Ltd. The company informed that tins would be packed in the boxes each…
5. What documents and information are required to be filed with the Registrar for the registration of a company under the Companies Act, 2013?
6. "Both Limited Liability Partnerships and Limited Liability Companies offer limited liability protection, yet they differ significantly in structure…
7. Rahul and Kapil are partners in the firm M/s Saxena Marble House. Rahul purchased 100 shares of a reputed company in his name, but he made the…
8. Sooraj Pharma Ltd., a public company, its Articles of Association empowers the managing agents to borrow both short and long term loans on behalf of…
9. Nitin appointed Shiv as his agent to transport apples from Shimla to Delhi. Due to heavy rain in near Shimla, Shiv was stranded for more than seven…
10. "Explain the concept of 'presentment for payment' under Section 64 of the Negotiable Instruments Act, 1881. What are the consequences of…
11. What do you understand by Law? Also explain, how is Law enforced in a legal system?
12. Mr. Shankar sold 1000 Kgs wheat to Mr. Ganesh on credit of 3 months. Wheat was to be delivered after10 days of contract. After5 days of contract, a…
13. "Partners in a firm may be classified into various types based on the extent of their liability. ” Describe the following: (i) Dormant Partner (ii)…
14. "What do you understand by a quasi-contract? Under what circumstances does it arise according to the Indian Contract Act, 1872?"
15. Sachin bought 1000 Kgs sugar from Saurabh for 40,000 on three months credit. For this purpose, Sachin issued a promissory note to Saurabh on the…
16. "Explain the circumstances under which a surety may be discharged by revocation of the contract of guarantee under the Indian Contract Act, 1872."
17. "Explain the rules relating to the delivery of goods under the Sale of Goods Act, 1930” with reference to the following: (i) Effect of part delivery…
18. P, Q and R jointly promised to pay S a sum of 60,000. Examine, considering the provisions of the Indian Contract Act, 1872 - (i) Can S compel any of…
19. (i) Oakwood Private Limited is the holding company of Silveroak Private Limited. As per the last profit and loss account for the year ending 31st…
20. (i) Explain the rules laid down under the Indian Partnership Act, 1932, for the mode of settlement of partnership accounts after the dissolution of…
21. (i) The Institute of Science and Technology, Dehradun (the buyer), placed an order for various chemicals worth - 1,50,000 from a supplier in Delhi…
22. Explain the classification of capital under Company Law as per the Companies Act, 2013. Discuss the different types of capital and the statutory…
23. Explain the advantages of the LLP form of business. How does its legal structure make it a flexible and preferable business model for entrepreneurs?…
24. P, Q and R, are partners in a construction firm, PQR Associates. P buys cement on behalf of the firm from D. The cement is used in the ordinary…
25. (i) "Unity Foundation" is a newly incorporated company focused on promoting education and healthcare services in rural areas. The company is…
26. What is an anticipatory breach of contract? Discuss the legal rights and options available to the promisee under the Indian Contract Act, 1872, when…
27. Examine the validity of the following agreements under the provisions of the Indian Contract Act, 1872 and justify your answer: (i) Mrs. Deepika…
28. What is a Negotiable Instrument? Explain its meaning and essential characteristics. How does the Negotiable Instruments Act, 1881 classify…
29. (i) PQR Limited, a supplier of electronic components, entered into a contract on August 1, 2024, with PQR Enterprises for the sale of 1000 units of…
30. What is a Partnership Deed? Explain its significance and list the key contents typically included in a partnership deed. Why is it advisable to have…
31. Enumerate and explain the duties and obligations of an agent towards the principal under the Indian Contract Act, 1872.
32. (i) Kanika purchased various cosmetic products worth - 15,000 during the last week from Kartik, a shopkeeper, on credit of one month. After a…