Course Description:

This course seeks to equip participants with a full awareness of the importance of drafting sound contractual documentation to underpin any agreement. This will help appropriately manage risk and liability, together with providing a framework for managing compensation for non performance.

Course Goal:

To enhance the participants’ knowledge, skills, and abilities necessary to be equipped with a full awareness of the importance of drafting sound contractual documentation to underpin any agreement

Course Objective:

By the end of this course, the participant will be able to:

1. Understand the impact of law on purchasing
2. Determine the law applicable to purchasing and contracts, and sale of goods law and their sources
3. Form and conclude g agreements
4. Understand why the buyer’s terms must be the terms of the contract
5. Understand important contract clauses

Course Outlines:

1. The Impact of Law on Purchasing
2. Law Applicable to Purchasing and Contracts
3. Sale of Goods Law
4. Sources of Purchasing Law
5. Forming and Concluding Agreements: The Essential Elements of a Valid Contract
6. Invitations to Treat
7. Can Oral Agreements be Legally Binding?
8. The Law On Tenders And Letter of Intent
9. Can Contracts be Made Electronically?
10. Why the Buyer’s Terms Must be the Terms of the Contract:
11. Important Contract Clauses
12. What Buyers Can Sue for (Remedies): Consequential Losses
13. Which Country’s Law? (Jurisdiction/Governing Law)
14. Product Liability
15. Subcontract Management
16. Performance
17. Insurance
18. Remedies
19. Overview of Other Significant Law and Legislation

Who Can Benefit?

Individuals with contractual responsibility for the purchasing and supply of goods and services, who are keen to develop, test and refresh their skills