Business and Commercial Contract Law

Code

766

Start Date

2025-05-18

End Date

2025-05-22

City

London

Price

4950 $

Language

Participants

1-15

Hotel

Hotel Meeting Room

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Course Overview

This Business and Commercial Contract law Course will provide attendees with a thorough grasp of the methods and best practices for dealing with the risks that come with contract development and administration. You will be able to negotiate better results for your company, your personal life, or your clients by avoiding costly blunders. It is a very comprehensive course that will give you detailed knowledge about the nuances of business contracts and the ways to manage them efficiently.

Course Objectives

Learn about the risks associated with contract development and management
Understand the terms and conditions of the contract by interpreting key contract provisions
Recognize how to prevent conflicts
Develop a thorough grasp of contract law
Learn how to design simple and effective agreements using practical and hands-on strategies
Examine any specific contracts or letters of intent
Determine and defend the fundamental legal rules that underlie contract formation
Outline understandable documents with proper structure, plain language, and risk management, such as contracts

Training Methodology

The following training approaches will be used in this collaborative Commercial and Business Contract Course: Lectures, Presentation, Seminars, group discussions, assignments, Functional Exercises & Case Studies Including interaction with the audience as possible and exercises on specific issues. To maximise interest and involvement, presentations will be kept brief and topical. Topics will be tailored to be as relevant as feasible to the participants’ current or anticipated business concerns.

Organisational Benefits

Examine assignment and novation to ensure that you are adequately protected in the event of a right transfer or sale
Assure that the organization’s contract development process is well-managed
Consider the purpose and impact of common boilerplate clauses, as well as how clear wording may add value to your company
Understand how penalties may be implemented by dealing with payments and interest terms
Internal contracting processes should be improved
Improve the organization’s transactional and litigation risk management

Personal Benefits

Develop your understanding of the dangers of drafting a contract without a confidentiality clause
Increase knowledge of the contractual process
Recognize the significance of essential contract provisions
In practical activities under the supervision of an expert, learn about the hazards that may be caused by bad drafting
Increase the effectiveness of contracting process control
Obtain new ideas and views, discuss, and examine any conflicts or challenges you’re having with participants from different organisations

Course Outline

Contracts Formation
- Risk Evaluation
- The Advantages of Contract Understanding
- Controlling the Contract Process
- Controlling the Negotiation by Understanding the Deal
- Offer and Acceptance of a Contract
- The Forms Battle
- Take into account and intend
- Documents and Pre-contractual Issues
- Permits, Due Diligence, and Financial Stability
- Concentrating on the specifics and essential terms
Taking Charge of the Contracting Process
- Tenders, Bids, and Auctions
- Tender Invitations and Treat
- Tender Invitations and Treat
- Contractual Structures
- Contractual Structures
- Subcontracts
- Letters of Comfort
- Warranties
Pre-contracts and Post-contracts
- Contract Bond
- Prejudice-Free
- Subject to Client Feedback
- Receiving Payment
- Obligations to pay
- Remedies for Non-payment
- Credit Letters
Risk, Responsibility, and Service
- Time and location of delivery
- Delivery Delays and Failures
- In transit damage
- Acceptance and ownership
- Title and Risk Transfer
Liability in Contracts
- Taking Care of Liability
- Liability limits
- Damages
- Indemnities and insurance
- Liability for Products
- Contractual Risks: How a Claim is Brought
Operative Clauses in a Contract
- Responsibilities
- Covenants
- Payment clauses
- Utilization of schedules and annexes
- Termination and Term Clause
Conflicts and Compliance
- Legal System Selection
- Dispute Resolution Option
- Negotiated Agreement
- Litigation
- Arbitration
- Experts, Mediation, and Adjudication
Trouble in Settlement
- Execution of Judgments and Awards
- Jurisdiction
The Value of Business Integrity
- Corruption
- Integrity
- Money Laundering
- The Law of Competition

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