CMA Foundation Exam: Fundamentals of Laws Practice Test — Flashcards | Cost Accounting | FatSkills

CMA Foundation Exam: Fundamentals of Laws Practice Test — Flashcards

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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 
 

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A void contract
is valid in the beginning but becomes void later on.
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