Taxmann’s Fundamentals of Business Laws & Business Communication (FBLC) Cracker for CMA Foundation Paper 1 June/Dec. 2026 Exam

Description

Fundamentals of Business Laws & Business Communication (FBLC | Law) – CRACKER is a comprehensive, exam-oriented study companion designed specifically for CMA Foundation – Paper 1, fully aligned with the ICMAI syllabus for the June/December 2026 examinations. This book offers a structured and practice-driven approach to mastering both Business Laws and Business Communication, with a sharp focus on the latest examination pattern, MCQ-based assessment, and conceptual clarity. The book adopts the trusted CRACKER methodology, integrating conceptual explanations with extensive question practice, past examination analysis, and module-wise performance insights. It is designed not merely for learning theory, but for strategic exam preparation, enabling students to understand what to study, how to study, and how questions are actually framed in the CMA Foundation examination.

The Present Publication is the 4th Edition, authored by CA. Leena Lalit Parakh, with the following noteworthy features:

[Aligned with the Latest ICMAI Syllabus] Complete adherence to the CMA Foundation Paper 1 curriculum applicable for the June/December 2026 examinations
[Past Examination Coverage up to Dec. 2025] Fully solved questions from previous CMA Foundation examinations, reflecting the latest exam trends and question patterns
[Module-wise Marks Distribution Analysis] Analytical presentation of past examination marks allocation to help students prioritise high-weightage areas
[Comparison with ICMAI Study Material] Module-wise mapping and comparison with the official ICMAI study material to ensure comprehensive syllabus coverage
[Chapter-wise Tabular Summaries] Concise tabular synopses at the beginning of each chapter for quick revision and conceptual clarity
[Extensive MCQ Bank – 900+ Questions] Large repository of exam-oriented MCQs, including practice questions covering both Business Laws and Business Communication
[Descriptive Questions Converted into MCQs] Past descriptive examination questions systematically converted into MCQs in line with the latest ICMAI examination pattern
The book comprehensively covers the entire syllabus of Fundamentals of Business Laws & Business Communication, including:

Business Laws
Indian Contract Act – Foundational principles and application-oriented MCQs
Sale of Goods Act – Rights, obligations, and commercial implications
Partnership Laws – Conceptual clarity with exam-focused questions
Company law basics relevant for CMA Foundation
Legal framework governing business transactions
Business Communication
Essentials of effective business communication
Written and oral communication in business contexts
Business correspondence and reporting
Communication barriers, ethics, and professional etiquette
MCQs are designed to test both conceptual understanding and practical application
Each topic is reinforced through exam-aligned MCQs, past-question conversions, and analytical insights into question framing
The structure of the book is as follows:

Module-wise & Chapter-wise Arrangement, strictly following the ICMAI syllabus
Tabular Synopses at the start of every chapter for a quick conceptual overview
Progressive MCQ Coverage, moving from basic concepts to exam-level difficulty
Past Examination MCQs Integrated Topic-wise, rather than isolated at the end
Strategic Emphasis on High-weightage Areas, supported by marks distribution data
Clear Segregation between Business Laws & Business Communication, ensuring focused preparation