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| Business Law and Contracting: Entering into a Contract |
| Course Status: | Released |
| Course Language: | English |
| Course Duration: | 3 Hours |
| Deployment Options: | Online, Interactive CDs, Network, Downloads, Intranet |
| Audience |
| Managers, prospective managers, and any other employees seeking competency in the area of business law |
| Prerequisites |
| Basic understanding of the law competency |
| Course Aim |
| To explain contractual procedure |
| Learning Objectives |
| Explain the origins of contracts. Give an overview of the uniform commercial code. Outline different types of contracts. Explain how the courts avoid unjust enrichment. Explain what constitutes an offer. Discuss limitations on offers. Explain what constitutes acceptance. Discuss communicating acceptance. Explain consideration. Outline the rules of consideration. Discuss exceptions to the rule of consideration. |
| Topics Covered |
| The Nature of Contracts - The evolution of contract law - Types of contracts - Unjust enrichment Creating a Contract - Making an offer - Limitations on offers - What is acceptance? - Communicating acceptance Consideration - What is consideration? - Rules of consideration - Exceptions to the requirement of consideration - DecisionPath: Managing contracts |