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M is minor, B, the borrower, approaches M for a loan on the basis of a mortgage of the house owned by B. Hence, M advances the money and B executed a mortgage in favour of M, a minor. In these circumstances

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The CMA Foundation exam syllabus includes the following topics under the Fundamentals of Business Laws and Business Communication (FBLC) paper:
Indian Contract Act, 1872
Sale of Goods Act, 1930
Negotiable Instruments Act, 1881

Section A: Introduction, sources of law, legislative process in India, legal methods and court system in India 
 


M is minor, B, the borrower, approaches M for a loan on the basis of a mortgage of the house owned by B. Hence, M advances the money and B executed a mortgage in favour of M, a minor. In these circumstances






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