CA Foundation Law: Study Material, Papers, Weightage

CA Foundation Law is the second paper of the CA Foundation course. The name of paper 2 is Business Law and Business correspondence and reporting. This paper aims to develop an understanding of various laws related to Business. It also assists in developing the analytical skills required to solve real-life problems.

The CA Foundation law is a theoretical paper, so students need to invest more time in remembering the case laws.

In this article, you’ll get the CA Foundation law study material, syllabus, paper pattern, weightage, mock test papers, previous year question papers and many case studies.

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CA Foundation Law Study Material 2022

Download the pdf of CA Foundation Law Study material relevant for the May/June 2022 exams.

Section A: Business Laws

Section B: Business Correspondence and Reporting

Check the complete CA Foundation study material of all subjects for the Nov 2022 exams.


Indian Contract Act, 1872 of CA Foundation Law

The Indian Contracts Act 1872 is among the oldest laws of the country related to trade and commerce. This law came into effect on Sept 1, 1872, in the whole country except J&K. As the name suggests, the Indian contracts act of 1872, is the main act for regulating the contracts in India.

Now in CA Foundation, the topics of the Indian Contracts Act, 1872 that you are going to study are the nature of contracts, consideration, performance and breach of contract, and many more.

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    CA Foundation Business Laws Paper Pattern of May 2022

    • Paper pattern: Subjective
    • Total questions asked: 100 
    • Total exam duration: 2 hours 
    • Maximum marks got: 100 marks(60 marks for Business Law  40 marks for business correspondence and reporting)

    Also Check: CA Foundation Exam Dates for the Nov 2022 Attempt

    ICAI CA Foundation May 2022 Business Law Paper Weightage: Chapter Wise

    ICAI has given weightage to particular chapters according to their implication on the real-world and level of difficulty.  It is important for students to plan and prepare for the exams according to the weightage of topics and breakdown chapters accordingly. 

    SECTION A: BUSINESS LAWS (60 MARKS)

    • The Indian Contract Act, 1872: 25%-35%
    • The Sale of Goods Act, 1930: 20%-25%
    • The Indian Partnership Act, 1932: 20%-25%
    • The Limited Liability Partnership Act, 2008: 5%-10%
    • The Companies Act, 2013: 15%-20%

    ICAI CA Foundation Business Law Syllabus for May 2022

     CA Foundation Syllabus has been revised by ICAI under the new scheme. Students should download the 2022 ICAI syllabus from here 

    CA Foundation Business Law SyllabusBusiness Law Syllabus
    CA Foundation Maths Solutions Videos of past 10 year papers

    CA Foundation Law Solutions

    Watch the chapter-wise CA Foundation Law modules of last 3 year papers by Piyush sir.

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    CA Foundation Law Question Paper and Answer 2022

    You can easily download Latest RTP (Revision Test Papers), Question Papers with the suggested answer, Mock Test Papers, Suggested Answers and Previous Year Question Papers for CA Foundation Paper 2 

    ICAI Question paper

    Revision test paper

     CA Foundation Law  previous year Question Paper and Answer for 2022 examination 

    Practice more with last year question paper available here. Last year question paper will help you to understand the exam pattern. Be attentive to avoid the obsolete syllabus from previous question papers.

    Previous year question paper for Business law for 2022

    Previous year question paper for Business law for 2022

    Previous year Revision Test  paper for Business law for 2022

    If you want to get good marks in CA Foundation exams, It is important to have a continuous practice of all the subjects. VSI gives the best and highest CA Foundation Result every year with the most dedicated study pattern.  RC Sharma always requests students to keep Practising ICAI Question paper to get an overview of CA Foundation exam pattern for the planned study.

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    Download All CA Foundation Papers for May 2022 – Latest RTPs, MTPs Free Download ICAI CA Foundation May 2022 Mock test papers, Revision test papers, Nov 2019 exam papers with answer keys, Practice Question Papers. Previous year Papers with Answer keys all in PDF Format. Best CA Coaching Institute in India – CPT, IPCC, CA Final, CS – VSI.

    CA Foundation Business Law Mock Test Paper 2022

    Mock test papers are mocking or imagining the exams. It’s similar to the day when you will give your real exams. VSI schedules such mock tests in intervals to keep its students well prepared for the students. ICAI also scheduled such mock tests before exams. It is important to appear for such mock tests as you may get an idea about exam patterns and also the updated syllabus.  Practising ICAI mock test papers, and model question papers will help you in your upcoming CA Foundation exam. You can download the CA Foundation law Mock Test Papers of Business Law from here.

    1) ICAI Mock Test Papers for Business Law:

    How to study for the CA Foundation Business Law Paper?

    Students need to attempt all 100 questions in 2hours. The questions asked are subjective and students have to answer the questions asked, write letters or even solve case studies according to new Laws in the papers. The paper needs evaluation and understanding skills to solve it. If you are well versed with all the laws and their acts, then you should mention it in your answers. You should forbid giving wrong sections and act if you are confused, instead just write the answers.

    CA Foundation Classes

    VSI provides the best CA Foundation classes for all the subjects at the most competitive price. They also provide CA pen drive classes and online classes to their students that cover the entire study material in the most effective way.  

    VSI also provides the pen drive class for both English and Hindi medium students. You can also download the study material for Hindi medium students for May 2022 CA foundation Business law exams. 

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    CA Foundation Law Case Studies for 2022 exam

    Solving case studies is one of the major challenges that students face while attempting CA foundation law paper. We are sharing a few examples of the case studies and how they are solved.

    Case study 1:

    CA  Foundation Law case studies 1

    Case study 2:

    CA  Foundation Business Laws case studies 2

    Case study 3:

    CA  Foundation Paper 2 case studies 3

    Case study 4:

    CA  Foundation Law case studies 4

    Case study 5:

    CA  Foundation Law case studies 5

    Related Post: How to score exception in CA Inter Law paper?

    Tips and tricks to crack CA foundation Law exams for 2022:

    • Understand the question and apply basic logic to the question.
    • Evolve reading habits to know more about commercial terminology.
    • Make register for listing all the section and acts of law syllabus.
    • VSI gives the best CA foundation coaching to prepare for Law paper. With the mock test paper series and continuous revision, students become comfortable with the subject and can score good marks.