CONTRACT LAW (NLS)
This course introduces students to the theoretical and practical understanding of the law of contract. The course examines fundamental contract law concepts such as consideration, misrepresentation, and the control of unfair terms, as well as the remedies arising from breach of contract.
The objectives of this course include:
- 1. Introduce the concept and principles of contract law
- 2. Assist students in learning the legal foundations governing the formation, discharge and enforceability of contract
- 3. Familiarise students with the remedial aspects of contractual liability
At the end of the course, the students would be able to:
- 1. Identify the critical elements required to create a legally binding contract enforceable by law
- 2. Recognise issues arising in a contract law and recommend appropriate solution
- 3. Highlight the origin and legal reasoning behind many contract clauses/terminologies
- 4. Prepare, write and negotiate contract arrangements with sufficient protection.
- 5. Understand some of the core contract law doctrines such as sanctity of contract, privity of contract, concept of reasonableness etc.
- 6. Avoid ‘Battle of the Forms’ disputes.
- 7. Recognise the difference between a condition and a warranty and the differing remedies that may apply in the event of a breach of contract.
- 8. Understand the legality of exclusion and limitation clauses.
- 9. Understand contract performance, discharge and breach clauses.
- 10. Accentuate contract vitiating elements such as mistake, misrepresentation, and duress & undue influence
- 11. Recognise the different situations which may lead to early contract termination, such as frustration, repudiation and rescission.
- Lectures 26
- Quizzes 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 0
- Certificate No
- Assessments Self
NATURE OF CONTRACT
FORMATION OF CONTRACT
FORM & CONTENTS OF CONTRACTS
CAPACITY TO CONTRACT
PRIVITY, ASSIGNMENT, NOVATION AND CONTRACT NEGOTIABILITY
VITIATING ELEMENTS IN CONTRACTS
DISCHARGE/TERMINATION OF CONTRACTUAL OBLIGATIONS
MITIGATION OF LOSS
LIMITATION OF ACTIONS, BARS TO RECOVERY OF DAMAGES AND EXTINCTION OF REMEDIES