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CAF 4 – Business Law (Regular/March 2022)

By Muhammad Aamir
Business laws provides insight for different rules and regulations governing any business organization. Since Chartered Accountant role is now more diversified, the study of law will develop legal acumen and enable them to analyze matters critically.



The answer to this and many other questions are provided by business laws. The course is not intended to make anyone an expert in any area of business law, but instead to make business managers, owners, and executives more aware of the many legal issues that arise in the day-to-day operation of any business. Being aware of these potential issues will help you make the judgment calls and decisions that business professionals makes on a daily basis. A basic understanding of business law can help you spot potential legal issues as they come up, make better decisions, and know when to seek legal help.

The business world is changing rapidly, and successful business professionals know how to adapt, learn, and solve problems. Study of different laws provide knowledge of the inner workings of businesses, the complexities of the law and the intersection of the two give students the ability and confidence to enter into the fast-paced and ever-changing world of business.

CAF-4 requires comprehensive approach to deal with it; i.e. grasping underlying key concepts, proper answers and legal cases drafting along with cases reference.


  • Comprehensive course coverage.
  • Concepts explanation through real life case examples.
  • Weekly study plan to manage study load.
  • Detailed preparatory notes and study material.
  • Engaging lectures recorded and updated on Learning Glass Board.
  • Legal cases solving techniques and assignments.
  • Past papers practice and paper presentation methods.
  • Full-length mock tests.



Sir Ammad Ali

Muhammad Aamir

Muhammad Aamir is a Fellow Member of Institute of Cost & Management Accountants of Pakistan (ICMAP) with cumulative experience of 10+ years in the profession. He is an M.Phil in Economics & Finance; in addition, he is also Certified Internal Control Auditor. His diverse academic & professional background from economics, finance and audit gives him a unique & captivating teaching skill which in turn enhances students’ learning experience.

Previously, he has worked with KPMG (Audit & Advisory section) and was also associated with Mutual Fund sector of Atlas Group as Manager Finance. Currently Muhammad Aamir is associated with one of private sector university as an Assistant Professor in Management & Economics department. As a facilitator, his objective is to enable students to develop ability of critical thinking & logical reasoning so that intellectual broadening can be inculcated in them.


Introduction to Legal System
  • Legislation
  • Forms & Processes
Contract Act 1872
  • Essentials
  • Performance
  • Breach & consequences
  • Agency
Partnership Act 1932
  • Nature
  • Creation
  • Types & Modes
  • Relation b/w partners
Negotiable Instrument Act
  • Fundamental concept of Negotiable Instrument
  • Promissory Note
  • Bill of exchange
  • Cheque
  • Crossing of cheque
Other Business Laws
  • Anti-Money laundering
  • Data Protection
  • EFT
  • Competition Act
  • Arbitration