CA Foundation Business Laws PYQ January 2025: Question Paper and Solutions

How to Prepare for CA Foundation Business Laws

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Question directory and available solutions

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

1. Examine the validity of the following agreements under the provisions of the Indian Contract Act, 1872 and justify your answer: (i) Mrs. Priya pays…
2. "Harmony Foundation" is a newly incorporated company focused on promoting education and healthcare services in rural areas. The company is…
3. Justice Private Limited has9 directors on its Board of Directors. The company's Articles of Association currently state that the quorum for board…
4. A minor admitted to the benefits of a partnership firm is entitled to certain rights and may also have liabilities to third parties for the acts of…
5. MNO Limited, a supplier of electronic components, entered into a contract on August, 1,2023, with PQR Enterprises for the sale of 1000 units of…
6. A purchases a motorcycle from B and uses it for some time. It turns out that the motorcycle sold by B to A was a stolen one and had to be returned…
7. Write in brief the content and model of the Articles of Association (AOA), according to which the director and other officers are required to…
8. Dyana and Bharti, newly qualified chartered accountants, wish to form a Limited Liability Partnership (LLP) to provide their professional services.…
9. 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…
10. (i) The extract of the major shareholders holding paid- up share capital in Rural Development Fin. Corp. Ltd., are as follows: Central Government26%…
11. What are the agreements which are held to be opposed to public policy under the Indian Contract Act, 1872. Explain any6such agreements.
12. A, B and C jointly promised to pay D a sum of 6,000. Examine, considering the provisions of the Indian Contract Act, 1872 - (i) Can D compel any of…
13. What are the rules governing the compensation payable in the event of dishonour of a negotiable instrument under the provisions of the Negotiable…
14. Ashok and Vimal are pursuing chartered accountancy course and discussing about the structure of the Indian judicial system. Explain them the…
15. The Institute of Science, Pune (the buyer), placed an order for various chemicals worth - 1,50,000 from a supplier in Delhi (the seller). The buyer…
16. Adarsh visited an authorized car showroom and purchased a car of his choice without conducting a detailed inspection. After making the payment and…
17. Explain the following terms under the Indian Partnership Act, 1932: (1) Partner by holding out (2) Nominal Partner
18. "Dissolution of a partnership firm may occur by mutual agreement with the consent of the majority of partners, while compulsory dissolution requires…
19. Explain with reference to the Indian Contract Act, 1872: (i) When a contract is said to be induced by "undue influence". (ii) When a party is deemed…
20. (i) Anjali purchased various cosmetic products worth - 15,000 during the last week from Sushil, a shopkeeper, on credit of one month. After a…
21. (ii) Priya, a small business owner, receives a bill of exchange from her customer, Sanjay, which is due for payment on October, 15th. On October,…
22. Both a sub-agent and a substituted agent are appointed by the agent, however, there are some points of distinction between the two. Elaborate…
23. What are the rights of a buyer, when seller commits a breach of contract under the provisions of the Sale of Goods Act, 1930?