Business and Commercial Contract Law Course

Course Fee:

₦330,000.00

Course Overview

Objectives:
• Understand the fundamental principles and concepts of business and commercial contract law
• Analyze the legal framework governing contracts in a commercial context
• Apply legal principles to real-world scenarios and case studies
• Develop critical thinking and problem-solving skills in contract law
Course Content:
Introduction to Contract Law
• Definition and scope of contract law
• Types of contracts: express, implied, and quasi-contracts
• Elements of a valid contract: offer, acceptance, consideration, and intention to create legal relations
Formation of Contracts
• Offer and acceptance: methods and requirements
• Consideration: types and requirements
• Intention to create legal relations: importance and implications
• Capacity to contract: age, mental capacity, and corporate capacity
Contract Terms and Interpretation
• Types of contract terms: express, implied, and collateral
• Interpretation of contract terms: literal, contextual, and extrinsic methods
• Contractual ambiguity and uncertainty: resolving disputes
• Contractual clauses: force majeure, waiver, and estoppel
Contract Performance and Breach
• Contractual obligations: duties and responsibilities
• Contractual performance: fulfillment and non-fulfillment
• Contractual breach: types, consequences, and remedies
• Contractual termination: methods and implications
Contract Dispute Resolution
• Contractual disputes: causes and consequences
• Dispute resolution methods: negotiation, mediation, and arbitration
• Litigation: court proceedings and legal remedies
• Alternative dispute resolution: advantages and limitations
Contract Law in Practice
• Case studies and real-world scenarios
• Analysis of contract law in various industries: business, finance, and commerce
• Application of contract law principles to everyday business situations
• Best practices for drafting and negotiating contracts
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.