Contract Law’s general principles underlie all the traditional commercial contracts as well as modern contracting forms. This course, focusing on the basic or General Principles of Contract Law, has been specifically curated for non-lawyers. The General Principles will be illustrated with examples from typical commercial contacts such as purchase and sale and services contracts typically used in the commercial world Modern times place increasing demands on commercial and public entities to meet customer requirements for quality goods and services in time and at a reasonable cost and learners completing this course will better understand the role of contracts in managing business risk and quality and add value to the organization, its triple bottom-line, by effectively partnering with suppliers and customers
- Understand Contractual Contexts
- Risk Management
- Governance
- Quality Management
- Customer service
- Project management
- Collaboration, partnering and alliances
- Understand the principles of contract law
- Parties, agreement, risk, breach and termination
- Understand the contract lifecycle
- Planning, forming, administering and closing
- Understand the integration of contracts and business processes
- Understand the principles of contract implementation and administration