“Mercantile Law” is the second paper of CAP-I examination along with Economics. It carries 50 marks in total out of which 25 are MCQs and 25 marks from subjective questions. This note is prepared being exam orientated. This note tries to cover all the required concepts for CAP-I. During the examination time you definitely need summarized notes to help you crack the examination and revise all the lessons thoroughly. That’s exactly what this note provides.