Objectives:
• Understand the fundamental principles of contracts and their significance in business transactions
• Identify and analyze common contract issues and disputes
• Develop effective strategies for resolving contract disputes and negotiating contract terms
• Apply legal principles to real-world contract scenarios
Course Content:
• Introduction to Contracts
• Definition and importance of contracts
• Types of contracts (express, implied, and quasi-contracts)
• Elements of a valid contract (offer, acceptance, consideration, and intention to create legal relations)
• Contract Formation and Interpretation
• Offer and acceptance
• Consideration and intention to create legal relations
• Contract interpretation and construction
• Parol evidence rule
• Contract Performance and Breach
• Contractual obligations and duties
• Breach of contract and its consequences
• Remedies for breach (damages, specific performance, and rescission)
• Defenses to breach (duress, undue influence, and mistake)
• Contract Dispute Resolution
• Alternative dispute resolution (ADR) methods (mediation, arbitration, and negotiation)
• Litigation and the court process
• Strategies for resolving contract disputes (negotiation, mediation, and arbitration)
• Contract Negotiation and Drafting
• Effective contract negotiation strategies
• Drafting and reviewing contracts
• Common contract clauses and their implications
• Best practices for contract management
Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 6th – 9th May, 2025
2ND BATCH: 9th – 12th Sept, 2025
3RD BATCH: 16th – 19th Dec, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos