Review your next contract with confidence and get a firm understanding of contract formation, essential terms, and enforcement.
Contracts govern the basic business and commercial relationships for most of us, yet for many, the basics of contract law remain a mystery. There is often misinformation about simple questions such as is a handshake enough, or do all the boilerplate terms of a contract really matter? This topic will address these and many more issues surrounding the formation and enforcement of contracts.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
What Is a Contract?
- Basic Elements
- Oral or Written
- Must Be Definite
- What Is Not a Contract?
How Are Contracts Made?
- Negotiations
- Agreement on Terms
- Written Contracts
- Oral Contracts
- Invoices, Purchase Orders and Other Forms
Why Are Contracts Legally Enforced?
- Benefit or Bargain
- Fairness
- Purpose Legitimate
- Your Word Is Your Word
Do All Terms in a Contract Matter?
- Price and Quantity
- Quality
- Implied Terms
- Boilerplate
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Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on July 21, 2021.
Call 1-866-352-9540 for further credit information.
- NALA 1.52
- This program is applicable for continuing legal assistant education credit. Please check with your accrediting board to see if this course will qualify towards your recertification requirements.
Program Length: 1.52 hour(s).
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Sean R. Smith
Continuum Legal Group LLP
- Founding Member of Continuum Legal Group LLP
- Represents companies and individuals in a multitude of different areas of litigation and alternative dispute resolution
- Tried multiple actions in state and federal courts in Georgia and surrounding states, including a representation of Time Inc., which was noted as one of the 15 significant defense verdicts in the country in 1996
- Represented numerous clients in appeals in both state and federal court
- Advises clients on an ongoing basis regarding various methods of avoiding litigation and making litigation more effective and efficient when it is necessary
- Briefed and argued appeals in numerous appellate courts, including the 11th Circuit, 6th Circuit, the Supreme Courts of Georgia and Montana, and the Court of Appeals of Georgia
- J.D. degree, University of Chicago; A.B. degree, on the law review and was a Hinton Moot Court Finalist, Harvard College
- Can be reached at [email protected] or 470-763-6227
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Credit
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- OnDemand Courses
- Live Webinars
- MP3 Downloads
- Course Manuals
- Executive Reports
- White Papers and Articles
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- State Specific Credit Tracker
- All-Access Pass Course Concierge
Questions? Call 877-296-2169 to speak with a real person.
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