Business Contract Law

Overview

Contract is the process of managing contract creation, execution, and analysis to maximize operational and financial performance at an organization, all while reducing financial risk. Organizations encounter an ever-increasing amount of pressure to reduce costs and improve company performance. Contract management proves to be a very time-consuming element of business, which facilitates the need for an effective and automated contract management system.

The "Business Contract Law" course provides professionals with a comprehensive understanding of contract law principles and their application in the business context. Geared towards business owners, managers, legal professionals, and contract administrators, this course offers an in-depth exploration of key concepts and principles essential for navigating business contracts effectively.

The course provides the fundamentals of business contracts and the changes that have taken place in business contracts. It will train you with the skills to avoid contract drawbacks and understand the documents, agreements or letter of intent and carefully review them before you enter into a contract. It will also train you with the skills required to secure clauses in the contracts to protect your business and to draft effective contracts or even to negotiate amendments with the ultimate aim of protecting your business.

It is very important to have an insight into the basics of Business Contract Law because laws governing business and contract laws are changing with the changes in the industry and are becoming very complex. Through this course, participants will attain the skills required to understand contract law to prevent signing precarious contracts.