Managing Contractual Liabilities

Course details

Every commercial transaction carries risk: your organisation can manage risk by contractually determining the nature, content and consequences of both yours and the other party's actions and omissions. Contracts give rise to a range of liabilities by parties assuming rights, responsibilities, duties and obligations, but which can be managed through contractual mechanisms.

This highly interactive Managing Contractual Liabilities training course in Dubai considers how your organisation can identify and manage key contractual risks and liabilities - what are they, what do they mean, what are the consequences, who takes the risk, and who pays? It focuses on how best to deal with key contractual liability issues to minimise your potential exposure to both the financial consequences and damage to your reputation.

This AZTech training course will feature:

• Nature of contracts and contracting structures
• Principal contractual liabilities
• Managing risk through indemnities
• The purpose of insurance, types and limitations
• Using contract provisions to reduce the risk of disputes

 
What are the Goals?

By the end of this AZTech training course, participants will be able to:

• Identify when a contract becomes legally enforceable
• Assess and manage key contractual liabilities
• Analyse the way indemnities operate across industries
• Evaluate the need and use of different types of insurance
• Compare ways of dealing with claims and disputes

Updated on 09 January, 2020