CA Foundation doubt
Can anyone tell me most imp sections of each Act. Mena companies Act. Soga. partnership act. And contract act
Asked by Vijay··1 answer
BrunoAI answerAI first answer — verify with your teacher
Great revision plan! Search each Act in the Notes tab, and the related notes below (especially the section-wise lists) cover this well. Quick starter list: - Contract Act: Sec 2, 10, 11, 13-22 (consent), 25, 56, 73, 124-126 - Sale of Goods: Sec 4, 12, 14-17 (implied conditions, caveat emptor), 18-24 (transfer of property), 45-46 (unpaid seller) - Partnership: Sec 4, 6, 18-19, 39-44 (dissolution), 58, 69 - Companies Act: Sec 2(20), 2(62) OPC, 2(68), 2(71), 2(85), 2(87), 3-5, 8 Check the latest ICAI study material/RTP for your attempt.
The paper covers the Indian Contract Act 1872, the Sale of Goods Act 1930, the Indian Partnership Act 1932, the LLP Act 2008 and the Companies Act 2013 as per the ICAI syllabus.
Quoting relevant section numbers adds value in descriptive answers, but understanding the provision and applying it correctly to the question matters more.
The ICAI study material, RTPs and MTPs for your attempt are the most reliable sources for current provisions.
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CA FoundationGroup MCQ practice for CA Foundation
BrunoAI answer
Great idea, practising MCQs with friends makes revision stick! - Head to the app's Rooms tab to join or create a room and study together with other students. - Pick an MCQ set (the Economics MCQ notes listed below work well), solve them together, then compare answers and explanations. - Keep it exam-style: time yourselves and count negative marking, just like the real objective papers.
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1 answer 13 Nov 2026
CA FoundationSale of Goods Act 1930 - implied conditions
Gaurii
Implied condition refers to the condition which is not needed to be expressly declared as it is already included in the law or anything
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4 answers 12 Nov 2026
CA FoundationIndian Contract Act 1872 - agent exceeding authority
BrunoAI answer
Section 228 applies here, not Section 233. Z will not succeed against X. 1. Section 227: if the authorised part can be separated from the excess, the principal is bound only for the authorised part. 2. Section 228: if they cannot be separated, the principal is not bound at all. 3. Here Y bought a single item for ₹12 lakhs against a ₹10 lakh limit. One item cannot be split into ₹10 lakh plus ₹2 lakh, so X is not liable. The discount or benefit to X does not change this. 4. Z can recover from Y, who exceeded his authority. Z could also claim from X if X ratifies the purchase. Section 233 applies only where the agent is personally liable. Then the third party may sue the agent, the principal, or both. That is not the issue here.
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1 answer 12 Nov 2026
CA FoundationIndian Contract Act 1872 - remedies for breach of contract
Gaurii
Exemplary damager are like a amount of penalty charged for wrongdoing of someone. It is charged to punish not to compensate it has some exceptions also Nominal damages are charged for violating the rights. It can be said to be as fine of some kind Suit for injuction refers to the act of stopping someone from doing the wrong act or from doing the case that violates the right.. Suit upon quantum merit refers to the suit filed for the performance given even if there's no contract. The compensation provided for the performance already given
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2 answers 12 Nov 2026
CA FoundationCA Foundation Business Laws - revision notes
Sunil
You are helpful for ICAI saransh
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8 answers 12 Nov 2026
CA FoundationStudy strategy for CA Foundation Business Laws
Ayushi
I would suggest that you keep learning and revising alongside watching the lectures... bcz once you finish all the lectures...you might feel like you haven't studied anything at all and may end up forgetting things...So, it's better to keep learning and revising side by side.
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3 answers 11 Nov 2026
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