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Understanding and Using Contracts
In almost every business transaction a contract is made. This course will tell you how to know when a true contract has been made, identify when it is binding, and determine the limitations and scope of the agreements. It will also give you information and guidelines on how and when to sever the contract, how to modify it, and how to circumvent potential problems.
The course covers such topics as
How to create enforceable contracts and get what you expect
Tools for avoiding misunderstandings and disputes
Ways to get out of a contract
After completing this course the learner will be able to
Create, change, and terminate a contract
Be aware of pitfalls
Obtain positive results and avoid lawsuits
Understanding and Using Contracts
Description
In almost every business transaction a contract is made. This course
will tell you how to know when
a true contract has been made, identify when it is binding, and
determine the limitations and scope
of the agreements. It will also give you information and guidelines
on how and when to sever the
contract, how to modify it, and how to circumvent potential problems.
Audience
This course addresses the training needs of all employees.
Prerequisites
None.
Course Duration
»
1. 5 hours
Topics Include
How to create enforceable contracts and get what you expect
»
Keys for creating an enforceable contract
»
Guidelines for ensuring that your expectations are fulfilled
»
Ways to recognize binding offers and counter offers
»
How to know when your contract can be verbal or must be in writing
»
How to avoid being bound by contract when you don't intend to be
Tools for avoiding misunderstandings and disputes
»
Guidelines for knowing when to check with an attorney
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Suggestions for creating successful contracts and good will
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Tips for never making a bad bargain
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Guidelines for creating contract review policies
Ways to get out of a contract
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Strategies for renegotiating effectively if a problem arises
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How to recognize defenses that make a contract unenforceable
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What happens if one or more parties is mistaken about a fact
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What you have to do to perform a contract
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How to recognize when a condition is waived or excused
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Ways to minimize your liability
Everything Courseware
Understanding and Using Contracts
Objectives
After completing this course the learner will be able to
Create, change, and terminate a contract
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Identify the basic elements of a contract
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Check laws and spell out terms
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Learn to change and terminate a contract
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Understand what performance is
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Identify basic contract defenses
Be aware of pitfalls
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Understand when he's bound by a contract
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Recognize when performance is excused
Obtain positive results and avoid lawsuits
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Be fair and seek win-win solutions
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Understand her basic legal remedies
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Create contract review policies