Practical Aspects Of Contract Law

Course details

This comprehensive 2 day course is intended to give to participants basic working knowledge in the principles of Contract Law. The focus is on how Contract law is practically relevant in different contractual situations.

Course Outline

Contract Formation

• Basic principles of a valid contract
• Offer, Acceptance, Consideration, Intention to Create Legal Relations, Capacity
• Contracts formed via letters, faxes, auctions, tenders, advertisements, email, etc.

Legal Classification of Terms in a Contract

• conditions and warranties
• express terms and implied terms
• Exclusion clauses & the Unfair Contract Terms Act

Contractual problems that might arise

• Misrepresentation
• Mistake
• Duress & Undue Influence

The consequences of illegality & public policy

• contracts for an unlawful purpose
• clauses that might infringe a law
• clauses that are void for public policy reasons

Remedies for the breach of contract

• Damages
• Quantum meruit
• Rescission
• Specific performance
• Injunction

Basic principles of Drafting

• Drafting techniques
• Typical clauses and their implications
• Legalese

Variation of Contract terms

• change management
• legal issues relating to variation

Service Level Agreements

• Defining the Services
• The Service function & Service aspiration
• The Service level
• What to measure? How to measure?
• Measuring in the absence of historical data
• Service Credits
• Double-dipping
• Bonuses
• Escalator Clauses

Who should Attend

This course requires no prior legal knowledge and is suitable for Project Managers, Contract officers, Small business owners, support staff engaged in contract management and negotiation.