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Business Contracts 101: A Practical Introduction

Business Contracts 101: A Practical Introduction

This course aims at offering practical knowledge about business contracts including its core concepts, components and techniques in its formulation and management in a business context.

City Start Date End Date Fees Register Enquire Download
Prague 16-06-2025 20-06-2025 6200 $ Register Enquire
Madrid 23-06-2025 27-06-2025 6200 $ Register Enquire
Cairo 07-07-2025 11-07-2025 3950 $ Register Enquire
Cape Town 14-07-2025 18-07-2025 5600 $ Register Enquire
Kuala Lumpur 28-07-2025 01-08-2025 4950 $ Register Enquire
Madrid 04-08-2025 08-08-2025 6200 $ Register Enquire
Casablanca 11-08-2025 15-08-2025 4950 $ Register Enquire
London 25-08-2025 29-08-2025 6200 $ Register Enquire
Amsterdam 01-09-2025 05-09-2025 6200 $ Register Enquire
Kuala Lumpur 08-09-2025 12-09-2025 4950 $ Register Enquire
Sharm El Sheikh 15-09-2025 19-09-2025 3950 $ Register Enquire
London 29-09-2025 03-10-2025 6200 $ Register Enquire
Dubai 06-10-2025 10-10-2025 4300 $ Register Enquire
Zurich 13-10-2025 17-10-2025 5600 $ Register Enquire
Rome 20-10-2025 24-10-2025 6200 $ Register Enquire
Casablanca 27-10-2025 31-10-2025 4950 $ Register Enquire
Milan 03-11-2025 07-11-2025 6200 $ Register Enquire
Amsterdam 10-11-2025 14-11-2025 6200 $ Register Enquire
Manama 24-11-2025 28-11-2025 4400 $ Register Enquire
Singapore 01-12-2025 05-12-2025 5500 $ Register Enquire
Cairo 08-12-2025 12-12-2025 3950 $ Register Enquire
Istanbul 15-12-2025 19-12-2025 4950 $ Register Enquire
Kuala Lumpur 22-12-2025 26-12-2025 4950 $ Register Enquire
Amsterdam 29-12-2025 02-01-2026 6200 $ Register Enquire

Business Contracts 101: A Practical Introduction Course

Introduction:

Comprehending the nuances involved in business contract law, which includes both practical and legal aspects, is greatly valued in the business world. This business contract law course will teach students how to handle business contracts safely, covering all aspects of negotiation, drafting, and management.

A lack of comprehensive knowledge on risk aspects, such as liability, may result in lost benefits and unnecessary disputes. This training program provides an extensive curriculum on business contract law, beneficial for effective contract management.

Focusing on pricing and commercial terms, the course aims to prevent wastage of contract value and manage commercial risks expertly. Learners are introduced to practical situations to demonstrate best practices, negotiation, and management skills.

By the end of the program, students will have a deeper understanding of business contract laws and the opportunity to obtain a certificate in managing legal business interests.

 

Objectives:

Upon completing this business contract law course, participants will be able to:

  • Manage the entire contracting process and post-evaluation.
  • Assess and interpret key clauses of contracts and manage risks effectively.
  • Identify essential contract elements, including clauses, terms, and conditions.
  • Negotiate deals that serve the corporation's best interests.
  • Avoid future problems through effective contract structuring and management.
  • Respond to and resolve issues using knowledge of dispute resolution mechanisms.

 

Training Methodology:

  • Workshops
  • Case studies
  • Simulations
  • Role-playing
  • Group activities

 

Course Outline:

Unit 1: What Makes A Contract?

  • Appraisal of risks
  • Reasons for engaging in contracts
  • Risks related to contracts
  • Management of the contract lifecycle
  • Understanding the contract
  • Managing contract negotiations
  • Terms of making an offer and acceptance
  • Conflict of terms
  • Importance of written contracts
  • Investigating financial viability
  • Legal binding of contracts
  • Creation of a contract
  • Issues before reaching an agreement
  • When avowals become obligations

 

Unit 2: Management of the Contracting Procedures

  • Classification of strategies: auctions, bids, and tenders
  • Advertisement for tenders and offers
  • Requisitioning letter offers, pre-agreement documents
  • Insurance and bonds
  • Letters of credit
  • Mode of contract
  • Organized systems of contracts
  • Terms and conditions of business
  • Subcontractors and guarantees

 

Unit 3: Key Contract Clauses

  • Pre- and post-contract qualification phrases
  • Payment obligations and terms
  • Remedies for non-payment
  • Letters of credit and guarantees
  • Time and place of delivery
  • Delay and failure in delivery
  • Ownership and possession
  • Transfer of title and risk
  • Retention of title
  • Liquidated damages
  • Delivery, ownership, and risk

 

Unit 4: When Things Go Wrong

  • Contract liability
  • Risk management
  • Limiting liability
  • Damages
  • Insurance and indemnities
  • Product liability
  • Claims in contracts and negligence
  • Practical risks
  • Force Majeure
  • Frustration of contract
  • Communication and service
  • Signing authority
  • Termination/discharge
  • Variation and mistakes
  • Entire agreement and waiver
  • Construction and execution
  • Intent of contracting parties

 

Unit 5: Disputes and Compliance

  • Choice of law and jurisdictional forum selection
  • Negotiated settlement
  • Legal action
  • Binding arbitration
  • Resolution by mediation, adjudication, and experts
  • Problems in negotiations
  • Foreign court decisions and awards
  • Competence
  • Bribery and corruption
  • Money laundering offenses
  • Antitrust laws
  • Business honesty

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