Business Contracts (Byte Size) Certificate
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A Distance Learning Course of 1 Lesson.
Course Description:
In this course you will be introduced to the law of contracts. If there is one pervasive activity in the world of commerce it is involvement in contract. All of the following are achieved through the medium of contracts. It is essential, therefore, that you learn and understand the basic rules which govern contractual relationships.
* sales of goods and the provision of services
* the employment of workers
* the occupation of premises
* transportation of materials and goods.
At the end of this course you will be able to:
* define what a contract is
* describe how the agreement which is the basis of a contract is achieved and signified q recognize when agreements will be legally binding
* explain how the parties make their agreement legally enforceable
* explain the effect on the contract of flaws in the making of that contract
* evaluate the impact on a contract of problems concerning certainty, lack of capacity and lack of formality
* recognize the effect on a contract of untrue statements made during its negotiation
* identify the contents of a contractual agreement and the various types of contractual terms
* explain the controls imposed on the exclusion or limitation of liability for breaking the terms of a contract
* describe the various ways contracts can be brought to an end at some point prior to complete fulfilment of the parties' obligations
* consider and evaluate the factors which influence the availability of compensation for losses suffered from a breach of contractual obligations
* identify and describe remedies other than damages which may be available to the victims of a breach of contract.
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Course Syllabus:
Section One: Making a Contract -
What is a contract?,
Creating the contract,
Agreement - offer,
Concluding the agreement - acceptance,
Intention to create legal relations,
Consideration.
Section Two: What Can Go Wrong During the Making of a Contract and how it affects the contract -
Lack of certainty,
Lack of necessary formality,
Lack of capacity,
Illegal contracts,
Misrepresentation.
Section Three: Contractual Terms -
The contents of a contract,
Terms and pre-contractual statements,
Contractual terms - express and implied,
Conditions, warranties and innominate terms,
Terms which exclude or limit liability.
Section Four: Discharging a Contract -
How contracts come to an end,
Discharge by performance,
Discharge by agreement,
Discharge by breach of contract,
Frustration of contracts,
Remedies.
