CONTENTSPART-I: THE INDIAN CONTRACT ACT, 18721. NATURE AND KINDS OF CONTRACTS2. OFFER AND ACCEPTANCE3. CONSIDERATION4. CAPACITY TO CONTRACT5. FREE CONSENT6. LEGALITY OF OBJECT AND CONSIDERATION7. VOID AGREEMENTS8. CONTINGENT CONTRACTS9. QUASI CONTRACTS10. PERFORMANCE OF CONTRACTS11. DISCHARGE OF CONTRACTS12. BREACH OF CONTRACTPART-II: THE SALE OF GOODS ACT, 193013. NATURE AND FORMATION OF CONTRACT OF SALE14. CONDITIONS AND WARRANTIES15. TRANSFER OF OWNERSHIP AND DELIVERY OF GOODS16. UNPAID SELLER AND HIS RIGHTSPART-III: THE INDIAN PARTNERSHIP ACT, 193217. GENERAL NATURE OF PARTNERSHIP18. REGISTRATION OFAFIRM19. RIGHTS AND DUTIES OF PARTNERS (Mutual Relations of Partners)20. LIABILITIES OF THE FIRM AND ITS PARTNERS AND RECONSTITUTIONOF A FIRM21 . DISSOLUTION OFAFIRMPART-IV: MODEL TEST PAPERSPART-V: MOCK TEST SERIESPART-VI: REVISION TEST PAPERSKey Features :- 1. Key Points for Quick Revision 2. Answers with reasons and explanation 3. Model Test papers 4. Mock Test Papers 5. Revision Test papers About the Book :- The book Common Proficiency Test: Mercantile Laws has been revised fifth time. The additions and changes have been incorporated as per the latest syllabus of CPT issued by the Board of Studies, The Institute of Chartered Accountants of India. salient features Γ* More examples on important points are given to illustrate the intricate legaI provisions. The readers can see the text of the book at the appropriate places. Γ* A separate article on ‘Key Points for Quick Revision’ has been added at the end of each chapter to enable the students to have last minute glance at the important points. Γ* Revision Test Papers comprising important questions on the three Acts, namely, The Indian Contract Act, 1872; The Sale of Goods Act, 1930 and The Indian Partnership Act, 1932 havebeen incorporated at the end of the book. Γ* In this book, all the additions and variety of examples and MCQs have been coupled with the Model Test Papers and the Mock Test Series. Γ* Overall the book is comprehensible and uniquely prepared for the students preparing for CPT examination.