In this course you will be introduced to the law of contracts. If there is one pervasive activity in the world of commerce it is involvement in contract. All of the following are achieved through the medium of contracts. It is essential, therefore, that you learn and understand the basic rules which govern contractual relationships.
- sales of goods and the provision of services
- the employment of workers
- the occupation of premises
- transportation of materials and goods.
At the end of this course you will be able to:
- define what a contract is
- describe how the agreement which is the basis of a contract is achieved and signified q recognize when agreements will be legally binding
- explain how the parties make their agreement legally enforceable
- explain the effect on the contract of flaws in the making of that contract
- evaluate the impact on a contract of problems concerning certainty, lack of capacity and lack of formality
- recognize the effect on a contract of untrue statements made during its negotiation
- identify the contents of a contractual agreement and the various types of contractual terms
- explain the controls imposed on the exclusion or limitation of liability for breaking the terms of a contract
- describe the various ways contracts can be brought to an end at some point prior to complete fulfilment of the parties' obligations
- consider and evaluate the factors which influence the availability of compensation for losses suffered from a breach of contractual obligations
- identify and describe remedies other than damages which may be available to the victims of a breach of contract.
Section One: Making a Contract
- What is a contract?
- Creating the contract
- Agreement - offer
- Concluding the agreement - acceptance
- Intention to create legal relations
- Summary of section one
Section Two: What Can Go Wrong During the Making of a Contract and how it affects the contract
- Lack of certainty
- Lack of necessary formality
- Lack of capacity
- Illegal contracts
- Summary of section two
Section Three: Contractual Terms
- The contents of a contract
- Terms and pre-contractual statements
- Contractual terms - express and implied
- Conditions, warranties and innominate terms
- Terms which exclude or limit liability
- Summary of section three
Section Four: Discharging a Contract
- How contracts come to an end
- Discharge by performance
- Discharge by agreement
- Discharge by breach of contract
- Frustration of contracts
- Summary of section four
Additional questions: guidance
Tutor-marked Question Paper
There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.
This is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.
The approximate amount of time required to complete the course is: 20 hrs.
After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.
- All study materials
- Study Guide
- Full Tutor and Admin support
On completion of your course, you will receive two certificates:
Certificate 1 is issued by Stonebridge Associated Colleges: Business Contracts (Byte Size Skills Course) Certificate
Business Contracts (Byte Size Skills Course) Certificate issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.