About this course
Contract Law Fundamentals provides a practical introduction to the principles that determine how contracts are created, interpreted, performed and enforced. It is designed for entrepreneurs, business owners, managers, employees, freelancers, procurement professionals, administrators, students and anyone who needs to understand agreements and the responsibilities they create.
The course explores the essential elements of a valid contract, including offer and acceptance, consideration, intention to create legal relations, contractual capacity, consent and legality. Learners examine how contractual terms operate, including express and implied terms, conditions and warranties, representations, exclusion clauses and provisions that may create legal or commercial risk.
The course also addresses situations that can affect the validity or enforceability of an agreement, including mistake, misrepresentation, duress and undue influence. Learners then explore breach of contract, termination and the remedies that may be available when contractual obligations are not fulfilled.
Throughout the course, practical examples drawn from business, employment, purchasing, service arrangements and everyday transactions help learners connect legal principles with real situations. Learners also develop practical contract-reading skills for identifying obligations, deadlines, liabilities, termination provisions, dispute mechanisms and other important terms before entering into an agreement.
By the end of the course, learners should be better equipped to understand contractual rights and responsibilities, recognise potential risks, ask appropriate questions and make informed decisions when entering into or managing agreements. Because contract law varies between jurisdictions, the course focuses on broadly applicable principles while identifying areas where local legislation, court decisions or professional legal advice may affect the outcome.
This course is provided for educational purposes and does not constitute legal advice.
The course explores the essential elements of a valid contract, including offer and acceptance, consideration, intention to create legal relations, contractual capacity, consent and legality. Learners examine how contractual terms operate, including express and implied terms, conditions and warranties, representations, exclusion clauses and provisions that may create legal or commercial risk.
The course also addresses situations that can affect the validity or enforceability of an agreement, including mistake, misrepresentation, duress and undue influence. Learners then explore breach of contract, termination and the remedies that may be available when contractual obligations are not fulfilled.
Throughout the course, practical examples drawn from business, employment, purchasing, service arrangements and everyday transactions help learners connect legal principles with real situations. Learners also develop practical contract-reading skills for identifying obligations, deadlines, liabilities, termination provisions, dispute mechanisms and other important terms before entering into an agreement.
By the end of the course, learners should be better equipped to understand contractual rights and responsibilities, recognise potential risks, ask appropriate questions and make informed decisions when entering into or managing agreements. Because contract law varies between jurisdictions, the course focuses on broadly applicable principles while identifying areas where local legislation, court decisions or professional legal advice may affect the outcome.
This course is provided for educational purposes and does not constitute legal advice.
Course curriculum
Module 1
Introduction to Contract Law
1.1
What Is a Contract?
18 min
1.2
Sources, Principles and Legal Vocabulary
28 min
1.3
Contracts in Everyday and Professional Life
21 min
Module 2
Formation of an Enforceable Contract
2.1
Offer, Invitation and Acceptance
25 min
2.2
Consideration and Exchange of Value
18 min
2.3
Intention, Capacity and Formalities
21 min
Module 3
Understanding Contract Terms
3.1
Express, Implied and Incorporated Terms
19 min
3.2
Conditions, Warranties and Intermediate Terms
18 min
3.3
Reading Key Contract Clauses
28 min
Module 4
Consent, Legality and Contractual Risk
4.1
Mistake and Misunderstanding
20 min
4.2
Misrepresentation, Fraud and Non-Disclosure
23 min
4.3
Duress, Undue Influence, Capacity and Legality
21 min
Module 5
Performance, Breach and Termination
5.1
Performance, Time and Contract Management
10 min
5.2
Breach, Anticipatory Breach and Default
10 min
5.3
Termination, Rescission and Ending Contractual Relationships
10 min
Module 6
Remedies and Practical Contract Review
6.1
Damages and Financial Compensation
10 min
6.2
Other Remedies and Dispute Resolution
10 min
6.3
A Practical Contract Review and Risk-Decision Framework
10 min
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