Description

This short course will aid contracting, procurement and sales professionals in understanding the essential principles of terms and conditions that are the vital components of any contract.

PARTICIPANTS WILL LEARN HOW TO:

Become aware of the UK Contract law.

Identify the 5 essentials of a valid contract.

Understand the legal processes of a contract and identify the difference between terms vs. warranties vs. conditions

Recognise the role and objectives of:
– Force majeure clause
– Privity of contract
– Termination mechanisms

Learn the meaning of commonly used Incoterms and how they are utilized in contracts.

Develop an understanding of conflict management and conflict resolution techniques.

COURSE TOPICS INCLUDE:

The Formation of Contracts / Terms & Conditions

General contract structure

Essentials of a contract

Manner of Creation

Major and minor Terms

Ownership and Force Majeure

Remedies for Breach of Contract

(Un)Liquidated Damages

Incoterms & International Trade

Approaches to Dispute Resolution

Adjudication & Arbitration

Litigation

Course Images

Fundamentals of UK Contract Law

By Supply Chain Academy

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