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Management with adaptable practices

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Business Contract Law Course Outline

This Business Contract Law course covers the following topics:​

Module 1: Contract Basics

  • What is a Contract?
  • Essential Elements of Contracts
  • How do you Enter into a Valid Contract?
  • Tendering and Bid Processes
  • Heads of Agreements and Letters of Intent
  • Side Letters
  • Authority to Sign Contracts and E-signatures
  • Impact of Negligence on Business Arrangements

Module 2: Case Study

  • Carlill v. Carbolic Smoke Ball Company

Module 3: Terms

  • Implied Contracts
  • Express Contracts
  • Specifications
  • Input Specification
  • Types of Specification
  • Warranties
  • Indemnities
  • Incorporating Terms in a Contract

Module 4: Drafting and Amending Contracts

  • Drafting Contracts in Practice
  • Amending Contracts by Conduct
  • Terms and Conditions of Sale of Goods
  • Terms and Conditions of Purchase of Goods
  • Terms and Conditions of Supply of Services
  • Terms and Conditions of Purchase of Services

Module 5: Limiting and Excluding Liability

  • Consequential and Direct Loss
  • Impact of Unfair Contract Terms Law
  • Exclusion and Liability Clauses
  • Exclusion and Liability Clauses Best Practices
  • Force Majeure
  • Liquidated Damages

Module 6: Terminating Contracts

  • Termination Clauses in Agreements
  • Resolving Disputes Successfully by Negotiation and Mediation
  • Pros and Cons of Arbitration
  • Pros and Cons of Litigation

Who should attend this Contract Management Course?

This Business Contract Law training course would particularly benefit Contract Managers, Marketing Managers, Business Development Managers, Project Managers, Financial Directors, Managing Directors, and Buyers.

Prerequisites

There are no formal requirements for this training course, so anyone can attend.

Business Contract Law Course Overview

The Business Contract Law training course gives delegates an insight into the basics of Business Contract Law. Delegates will acquire the skills needed to prevent the signing of dangerous contracts. They will come to understand the sometimes-confusing language of contracts and will realise the importance of legally binding documents.

This Contract Management training course covers all significant elements that need to be considered when creating a contract, from indemnities and liability to drafting and termination conditions. By the end of this course, delegates will know how to successfully construct a contract that reduces risks and enhances the benefits extracted by all parties. This enables all parties involved to better understand their obligations, and thus be more likely to fulfil them. Business Contract Law is an interactive course, consisting of examples and activities throughout, hence delegates acquire more practical knowledge.

What’s Included in this Contract Management Training Course?

The Knowledge Academy will provide you with the following:

  • The Knowledge Academy’s Business Contract Law Delegate Pack
  • Experienced Instructor
  • Certificate of Completion
  • Refreshments

RESILIA® Foundation Examination Information

The purpose of the Foundation certification is to help you understand how decisions impact good and bad cyber resilience. It has a comprehensive approach across all areas and teaches you how to make good cyber resilience an efficient part of business and operational management.

RESILIA® Foundation exam format:

  • Question Type: Multiple choice
  • Total Questions: 50 questions per paper
  • Pass Mark: 30 marks required to pass (approx. 60%)
  • Duration: 100 minutes
  • Open Book: No, this exam is closed book
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