CA Foundation Business Laws MTP September 2026: Question Paper and Solutions

How to Prepare for CA Foundation Business Laws

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Question directory and available solutions

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

1. With reference to provisions of the Indian Contract Act, 1872, analyse the given situations and answer each of the following questions: (i) Mr. AT…
2. (i) The paid-up capital and turnover of Aaradhya Cosmetics Private Ltd. (ACPL) for FY 2024-25 is 4 crores and ₹45 crores respectively. Directors of…
3. (i) "Whether a group of persons is or is not a firm, or whether a person is or is not a partner in a firm." Explain the mode of determining…
4. Mr. G sold some goods to Mr. H for a certain price by issue of an invoice, but payment in respect of the same was not received on that day. The…
5. (i) What do you mean by 'Common Seal'? Is it necessary for a company to have Common Seal? Discuss as per provisions of the Companies Act, 2013. (3…
6. Five close friends decided to form a Limited Liability Partnership firm 'EDUDED LLP' for educating poor children as non-profit organization. They…
7. ABC & Co. is a renowned partnership firm doing business in textile industry from last twenty years. But due to technical up-gradation, firm incurred…
8. State Power Corp Private Limited was incorporated under the Companies Act, 2013 with 51% shares held by the Central Government to promote…
9. What is the effect of an unlawful object or unlawful consideration on the validity of an agreement under the Indian Contract Act, 1872. (6 Marks)
10. X was running a business of Car on lease. One fine day, Y came to hire a car for 10 days for his business tour from Delhi to Amritsar. X offered him…
11. State the Difference between promissory note and bill of exchange." (7 Marks)
12. What do you understand by Law? Also, elaborate the procedure for making a law. (6 Marks)
13. Rishi is having a farmhouse in the outskirts of Ambala. The clay of his farmhouse is very heavy and strong. In order to cultivate some seasonal…
14. ABC & Co. a partnership firm is going to be dissolved. The partners seek your advice on the following points referring to the relevant provisions of…
15. Explain the different types of damages that may be awarded for breach of contract under the Indian Contract Act, 1872. (6 Marks)
16. (i) Advik purchased a mobile from Bhanu. He issued a promissory note to Bhanu which was payable on demand but no specific place for payment was…
17. Briefly discuss the exceptions to the rule "Doctrine of privity of contract" as laid down under the provisions of the Indian Contract Act, 1872. (6…
18. (i) State the various essential elements involved in the sale of unascertained goods and their appropriation as per the Sale of Goods Act, 1930. (4…
19. Mr. Y aged 21 years, lost his mental balance after the death of his parents in an accident. He was left with his grandmother aged 85 years,…
20. Jagannath Oils Limited is a public company and having 220 members. Of which 25 members were employed in the company during the period 1 st April…
21. State the grounds on which a firm may be dissolved by the Court under the Indian Partnership Act, 1932?
22. (i) A agrees to sell certain goods to B on a certain date on 10 days credit. The period of 10 days expired and goods were still in the possession of…
23. Do you agree that a company is an artificial person? Elucidate. Also explain how the authorization by M/s Beeta Limited, a company incorporated…
24. “A LLP (Limited Liability Partnership) is a type of partnership which provides the benefits of limited liability but allows its members the…
25. (i) Mr. Ram and Mr. Raheem are working as teachers in Ishwarchand Vidhyasagar Higher Secondary School and also are very good friends. They jointly…
26. (i) Tycoon Private Limited is the holding company of Glassware Private Limited. As per the last profit and loss account for the year ending 31 st…
27. “An anticipatory breach of contract is a breach of contract occurring before the time fixed for performance has arrived". Discuss stating also the…
28. (i) Mr. A, the employer induced his employee Mr. B to sell his one room flat to him at less than the market value to secure promotion. Mr. B sold…
29. Explain the Rules as to compensation payable in case of dishonour of promissory note, bill of exchange or cheque, by any party liable to the holder…
30. What is the significance of the Supreme Court and High Court in the Indian judiciary?
31. (i) Ms. S visits an electronic store and asks for a laptop suitable for high-end graphic design work. The salesman recommends a specific model,…
32. "Partner indeed virtually embraces the character of both a principal and an agent". Describe the said statement keeping in view of the provisions of…
33. State with reference to the provisions of the Indian Contract Act, 1872 whether the following are True or False with justification: (i) The pledge…
34. Ram purchased a second-hand car from his friend Rohan for ₹ 5 lakhs on 10 th November, 2023. He paid ₹ 4 lakh immediately and promised to pay ₹ 1…
35. Who is considered as an agent under the Indian Contract Act, 1872, and what are the duties and obligations associated with this role?
36. Contract of sale resembles with contracts of hire-purchase. However, sale is distinguished from hire-purchase. Explain hire-purchase agreement and…