CA CPT Mercantile Laws Syllabus 2017

CA CPT Syllabus Mercantile Laws

Level of Knowledge : Basic knowledge

SECTION - B

Mercantile Laws ( 40 Marks )

Objective :

To test the general comprehension of elements of mercantile law

Contents

  1. The Indian Contract Act , 1872: An overview of Sections 1 to 75 covering the general nature of contract , consideration , other essential elements of a valid contract , performance of contract and breach of contract.

  2. The Sale of Goods Act, 1930: Formation of the contract of sale - Conditions and Warranties - Transfer of ownership and delivery of goods – Unpaid seller and his rights.

  3. The India Partnership Act, 1932: General Nature of Partnership - Rights and duties of partners - Registration and dissolution of a firm.
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