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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