Paper 3

Paper 3

Paper 3 : Fundamentals of Laws and Ethics (FLE)

OBJECTIVES

To gain basic knowledge in Laws and Ethics to understand the concepts of regulatory compliance, requirements and desired ethics expected from professionals.

Learning Aims

The syllabus aims to test the student’s ability to:

  • Acquire adequate knowledge of the basic concepts of laws
  •  Understand the basic knowledge of ethics including allied regulatory compliance and requirements

SECTION A: FUNDAMENTALS OF COMMERCIAL LAWS [70 MARKS]

  • Indian Contracts Act, 1872
  • Sale of Goods Act, 1930
  • Negotiable Instruments Act, 1881

SECTION B: FUNDAMENTALS OF ETHICS [30 MARKS]

  • Ethics and Business