Business Laws and Business Correspondence and Reporting  

• Business laws are meant to regulate the actions of business houses by establishing procedural and behavioural frameworks 
• Business correspondence and reporting showcases the ability of a professional to communicate his knowledge clearly and correctly  

• As students of a professional course, it is necessary to have knowledge of business laws at because these laws reflect the way a business functions from the societies’ point of view
• CA Students need Business Correspondence and Reporting to express their views in writing in the professional world with high standards of clarity and accuracy 

Part 1: Business Laws: Introduction and Basic chapters of  

• The Indian Contract Act, 1972 

• The Sale of Goods Act, 1930 
• The Indian Partnership Act, 1932 
• The Limited Liability Partnership Act, 2008 
• The Companies Act, 2013 

Part 2: Business Correspondence and Reporting 

• Communication 
• Sentence types and Word Power 
• Comprehension passages and note making 
• Developing writing skills 

• Solve all the model Questions and Questions given in RTP by ICAI 
• Read the Newspaper every day and note down meanings of few words which you do not understand. 
• Students who have studied in English medium tend to ignore Business Correspondence and Reporting, which is not a right thing. Give good weightage to this paper as well 
• Those who have studied regional languages only need not worry. It is easy to learn basics and you also have law to score 
• One of the good strategies to remember Business laws is remembering practical example(situation) related to a section 

• In Business Correspondence and Reporting, strictly follow the formats where-ever prescribed by ICAI