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Business Contract Law

Key points about this course


Duration: 1 Days*

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Course Information

Business Contract Law 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 fulfill them. Business Contract Law is an interactive course, consisting of examples and activities throughout, hence delegates acquire more practical knowledge.

 

Business Contract Law Outline

This Business Contract Law course covers the following topics:​

Contract Basics - An Introduction to Contracts:

  • How to Enter a Valid Contract

  • Tendering and Bid Processes

  • Agreements and Underlying Documents

  • Using the Right Contract Type

  • Heads of Agreements and Letters of Intent

  • Side Letters

  • Authority to Sign Contracts and E-Signatures

  • Impact of Negligence on Business Arrangements

 

Case Study:

  • A Contract Law Exercise on Contract Formation

 

Terms:

  • Implied

  • Express

  • Specifications

  • Warranties

  • Indemnities

  • Incorporating Terms

  • Impact of Overseas Laws on International Contracts

 

Drafting and Amending Contracts:

  • Drafting Contracts in Practice Workshop

  • Best or Reasonable Endeavours Practical Task

  • Amending Contracts by Conduct

  • Common Clauses Discussion

  • Terms and Conditions of Sales of Goods, Purchase of Goods, Supply of Services, and Purchase of Services

 

Limiting and Excluding Liability:

  • Consequential and Direct Loss

  • Unfair Contract Terms Law Effect

  • Exclusion and Liability Clauses Best Practices

  • Force Majeure

  • Liquidated Damages

 

Liability Clause Limitation:

  • Applying Liability Clause Knowledge Via Practical Exercise

 

Contract Termination:

  • Impact of Length of Contract Terms on Commercial Arrangement

  • Termination Clauses Agreements

  • Successfully Solving Disputes by Negotiation and Mediation

  • Arbitration and Litigation Pros and Cons

 

Conclusion:

  • Business Contract Law Best Practice Summary

  • Implementing Knowledge

Who should attend this 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.

No, delegates do not need to take an exam for the Business Contract Law training course.
Delegates wanting to complete further training courses may want to look at our Commercial Risk Management, Contract Negotiation, and Drafting Commercial Contract training courses.
No, you do not need any prior qualifications to attend Business Contract Law training, as it is open to everyone.
Our Business Contract Law training courses are delivered by world class, fully certified training instructors, who are experts in the field.

What’s Included

The Knowledge Academy will provide you with the following:

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

Dates & Prices

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How will you be funding your training?

Self funding

Company funding

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Key points about this course


Duration: 1 Days*


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Various delivery methods

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Resources

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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"...the trainer for this course was excellent. I would definitely recommend (and already have) this course to others."

Diane Gray, Shell

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