CA Foundation Business Laws PYQ January 2026: Question Paper and Solutions

How to Prepare for CA Foundation Business Laws

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Question directory and available solutions

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

1. Bright Scholars is a prestigious school in Delhi. The school invited online applications from eligible students for100seats of preschool classes.…
2. Prasad incorporated an OPC to run his new start-up in May, 2021. OPC borrowed 50 Lakhs to meet its long term fund requirements and 25 lakh to meet…
3. Explain with reference to provisions of the Indian Partnership Act, 1932. (i) Whether a partner can be introduced without consent of other partners?…
4. With reference to the provisions of the Sale of Goods Act, 1930 what is the major difference between condition and warranty? Examine the following…
5. 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.
6. Whether the phrases "Company Limited by Shares" and "Company Limited by Guarantee" are same? If not, explain any four differences between these two…
7. According to provisions of the Limited Liability Partnership Act, 2008, State the provisions with respect to registered office of LLP and changes…
8. Discuss the provisions of the Limited Liability Partnership Act, 2008 relating to the minimum number of partners required and the eligibility…
9. Ramesh is a supplier of fruits and vegetables in Azadpur Mandi, Delhi. To expand its business, he invited Suresh and Mahesh (his college friends) to…
10. Manak was working as a construction contractor from several years. He engaged Roop Sing a labour and material contractor for procurement of raw…
11. Shantanu was running business of ABC Travel Agency from several years. He purchased 10 cars amounting to 100 lakh for the purpose of running them on…
12. Stuti Textiles Private Ltd. is a wholly owned subsidiary of SS Textiles Limited. It has only5 members and restricts the right to transfer their…
13. The paid-up capital and turnover of Aaradhya Cosmetics Private Ltd. (ACPL) for FY2024-25 is 4 crores and 45 crores respectively. Directors of ACPL…
14. The paid-up share capital of Abhinav Natural Gases Ltd. (ANGL) is 140 crores. The holdings of Central Government and Maharashtra Government are -…
15. The Passing or transfer of property constitutes most important element and factor to decide legal rights and liabilities of seller and buyer. The…
16. Bhuvika borrowed - 4,75,000/- from her relative Madan on 5 th April, 2020 on interest @1% per month for 5 year for running her Cosmetics store. She…
17. Chhaya and Abeer are very good friends. On Chhaya's birthday Abeer gifted an I-Phone worth - 1.35 lakh. Whether this gift is valid as per provisions…
18. Amol promised to give a gold ring worth 1 lakh to her friend Chakori on her birthday. Whether the promise made by Amol is enforceable in law as per…
19. What is promissory note? "What are the essential elements that must be present for a document to be considered a valid promissory note?" Define…
20. Describe in brief about the following Regulatory bodies of the Government of India: (i) Reserve Bank of India (ii) Insolvency and Bankruptcy Board…
21. Raj is a manufacturer of talcum powder. Vikas purchased a talcum powder from Raj and after using it, he suffered from skin irritation due to a…
22. (i) Describe any four mutual rights and liabilities of partners in a partnership firm with reference to the provisions of the Indian Partnership…
23. A surety is said to be discharged when his liability comes to an end. Define various modes of Discharge of surety according to provisions of the…
24. Alok bought some goods from Manish on credit. Later, he issued a cheque for the dues from his bank account and asked Manish to encash the cheque…
25. Some agreements are held to be opposed to public policy. Define any six agreements with reference to provisions of the Indian Contract Act, 1872. OR…
26. What do you mean by suit for specific performance? State any two conditions when court allows this remedy according to provisions of the Sale of…
27. What do you mean by right of resale? State any three conditions when the right of resale goods given to an unpaid sellers under the Sale of Goods…