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Course Overview Businesses enter into contracts all the time, sometimes without fully realising their rights, obligations and liabilities. This practical course demystifies legal concepts, explaining contract law through examples and case studies, and provides the essential knowledge required to enable businesses to manage their contracts and to identify and develop simple and effective risk management. Audience This course is extremely useful for managers but also beneficial for anyone in the organisation involved in buying or selling goods or services or negotiating contracts. Skills Gained Practical aspects of contract law - How to identify when a contract is formed and its effects
- How to put in place simple effective systems for managing risk
Course Outline - What is a contract
- Does it have to be in writing
- When and how is a contract formed and on whose terms
- What are the terms of the contract
- How to avoid entering into legally binding commitments unless ready to do so
- How to ensure the other side is bound
- What steps can be taken to ensure that your terms and conditions apply to the contract
- What are the remedies for breach of contract
- How much money can be claimed for breach of contract
- Methods of reducing or limiting liability under a contract
- The effect of the Sale of Goods Act and other legislation on the contract terms
- The main provisions to be found in standard terms and conditions and worrying clauses to look out for
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