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About the Book :This book has been designed for the aspirants of CA-CPT (Chartered Accountancy-Common Proficiency Test) which is an entry level test for Chartered Accountancy Course. This exam is conducted by the Institute of Chartered Accountants of India (ICAI) twice a year. This book has been divided into 3 Units – Unit I: The Indian Contract Act, 1872, Unit II: The Sale of Goods Act, 1930 and Unit III: The Indian Partnership Act, 1932, each containing number of chapters with necessary study material. Unit I covers Nature of Contracts, Consideration, Other Essential Elements of a Valid Contract, Performance of Contracts, Breach of Contract and Contigent and Quasi Contract, whereas Unit II covers Formation of the Contract of sale, Conditions & Warranties, Transfer of Ownership and Delivery of Goods and Upsaid Seller and Unit III covers General Nature of a Partnership, Relations of Partners and Registration & Dissolution of a Firm. The book contains 2012 & 2013 Solved Paper CA-CPT Mercantile Law to give the students an insight into the examination pattern. The requisite study material has been given in each chapter for thorough understanding. This book contains Unitwise- Chapterwise Questions of last 7 Years’ (2006-2012) CPT along with their solutions. Authentic and detailed solutions have been provided for all the previous years’ questions helping the students understand the types of questions asked in CPT. At the end of the book, 5 Model Papers designed exactly on the examination pattern have been provided for more revision and self analysis. Systematic & Objective Study is important for success in CPT. As the book provides a large collection of questions-solutions for Mercantile Law, it will enable you to fulfill your cherished dream of becoming a CA.About the Author :An editorial team of highly skilled professionals at Arihant, works hand in glove to ensure that the students receive the best and accurate content through our books. From inception till the book comes out from print, the whole team comprising of authors, editors, proofreaders and various other involved in shaping the book put in their best efforts, knowledge and experience to produce the rigorous content the students receive. Keeping in mind the specific requirements of the students and various examinations, the carefully designed exam oriented and exam ready content comes out only after intensive research and analysis. The experts have adopted whole new style of presenting the content which is easily understandable, leaving behind the old traditional methods which once used to be the most effective. They have been developing the latest content & updates as per the needs and requirements of the students making our books a hallmark for quality and reliability for the past 15 years.