CA Foundation Business Laws Shashank Sharma May 26 CA Foundation Business Laws Shashank Sharma May 26 Description The Present Publication is the 9th Edition, authored by CA. Shashank S. Sharma, with the following noteworthy features: [Concept-first Pedagogy] The book introduces core legal concepts before moving to statutory detail. It builds understanding progressively—beginning with definitions and principles, then advancing to application and interpretation [ICAI-syllabus Aligned] The content is fully aligned with ICAI’s Foundation syllabus, ensuring topic-wise coverage consistent with examination requirements [Division-based Academic Architecture] The book is divided into seven structured divisions comprising twenty chapters, ensuring systematic coverage and logical progression across legal domains [Multi-format Practice Integration] Each chapter concludes with extensive exercises, including: Multiple Choice Questions (MCQs) Theoretical/Descriptive Questions Practical Problem-Based Questions ICAI-style Case Study Questions This ensures familiarity with both objective and subjective testing frameworks [Answer Writing Support] Structured answers and hints are provided to guide students on: Framing legal issues Citing statutory provisions appropriately Applying law to facts Presenting conclusions in examination-friendly format [Undergraduate-friendly Language] Complex legal terminology is explained in lucid and accessible language without compromising statutory accuracy [Self-learning Orientation] The book is designed to function as a standalone preparation resource, enabling independent study without constant faculty assistance [Pedagogical Strength] The academic value of the book lies in its ability to: Convert statutory text into teachable academic content Build conceptual clarity before memorisation Develop structured legal reasoning Train students in examination-oriented presentation Reinforce retention through structured exercises [Academic Positioning] Unlike summary notes or exam-crammer texts, this publication is a conceptual foundation builder. It is positioned as a primary study material that ensures students understand the ‘why’ behind legal provisions before attempting the ‘how’ of answering examination questions The book comprehensively covers the Business Laws syllabus prescribed for the CA Foundation. While structured across seven divisions and twenty chapters, the subject coverage broadly includes: General Legal Principles Nature and meaning of law Sources of law Types of law (civil, criminal, commercial, etc.) Basic interpretative principles The Indian Contract Act 1872 Essential elements of a valid contract Offer, acceptance, consideration Capacity to contract Free consent Legality of the object Void and voidable agreements Contingent and quasi contracts Performance and discharge of contracts Breach and remedies The Sale of Goods Act 1930 Formation of the contract of sale Conditions and warranties Transfer of property and risk Unpaid seller’s rights Performance and remedies Business Regulatory Framework Basics of company formation and administration LLP fundamentals Regulatory compliance principles Case-based Legal Application Application of statutory provisions to practical scenarios Analytical reasoning through structured legal problems Each chapter integrates explanation with application, ensuring that students move from theoretical understanding to examination-level articulation About the author Shashank Sharma is an accomplished chartered accountant with a comprehensive educational background, holding a commerce degree from RTM Nagpur University. Beyond his professional qualifications, he has enhanced his expertise through the Diploma in Information Systems Audit and the Course on Concurrent Audit from the Institute of Chartered Accountants of India, as a pioneering founder of M/s. Mercurus Education has dedicated himself to mentoring students pursuing CA, CS, and CMA, specialising in Business Law, Company Law, Economics, and Taxation.