Learn the basics of contract law including sources, drafting, and explanation of special forms of contracts.
The commercial world today is global, and the ability to enter electronic contracts is an essential part of it. Paralegals involved with drafting and reviewing commercial contracts need to understand the different sources of contract law, including e-commerce and internet law, and be able to draft and review commercial contracts. This topic will help paralegals responsible in drafting and reviewing commercial contracts to navigate different types of contract laws and become familiar with the standard elements of a commercial contract, including the preamble, recitals, definitions, terms and termination, representations and warranties, indemnification, limitations on liability and miscellaneous and boilerplate provisions.
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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
Contract Law and Its Sources
- The Common Law of Contracts
- The Uniform Commercial Code (UCC)
- The Restatement of the Law of Contracts
- Uniform Computer Information Transactions Act (UCITA)
- Federal Arbitration Act
- State Specific Law
- Practice Specific Law
Writing, Formality, and E-Commerce Signature Law
- Writing Requirement and Statute of Frauds
- Formality of the Writing
- Parole Evidence Rule
E-Contracts and Internet Law
- The Internet and the World Wide Web
- Domain Name
- E-Contracts Writing Requirements
- Software and E-Licensing
- Breach of License Agreements and Remedies for Breach
- Online Privacy and Social Media
- Cyber Crimes
Special Forms of Contracts
- Negotiable Instruments
- Agency Contracts
- Labor Contracts
Drafting and Reviewing a Commercial Contract
- Preamble
- Recitals
- Definitions
- Term and Termination
- Operative Provisions
- Price and Payment
- Building Blocks of a Commercial Contract: Representations and Warranties, Covenants, Rights, and Conditions
- Intellectual Property Rights
- Confidentiality
- Dispute Resolution
- Signatures
- Other Components of a Contract
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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.
Credits
OnDemand Course
This course was last revised on May 13, 2024.
Call 1-866-352-9540 for further credit information.
- NALA 1.0
- 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: 1.0 hour(s).
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
MP3 Download
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
Mariana Fradman, MBA
New York Life Insurance Company
- Senior specialist with the Real Estate and Investments Group in the Office of the General Counsel at New York Life Insurance Company
- Adjunct professor at Long Island University, Brooklyn Campus, teaching ethics, business law, contracts, and real estate law at the ABA-approved Paralegal Certificate Program
- Over twenty years of experience specializing in commercial real estate transactions (acquisitions/sales, air/development rights transfers, joint ventures, mortgage lending (bond and affordable housing), energy projects, community development, not-for-profit and mixed use, strategic planning, workouts and 1031 exchanges, project, and space leasing); corporate and corporate housekeeping; M&A transactions and financial restructuring
- Presented at various continuing legal education seminars in person and online, including, but not limited to Long Island University, Brooklyn Campus, New York Career Institute, Lorman Education Services, Paralegal Knowledge Institute, Clear Law Institute and at numerous CLE seminars presented by NYCPA; she was awarded the ‘Distinguished Faculty’ badge by Lorman Education Services, February 2014
- Mariana’s articles were published on The Paralegal Society Blog, The Paralegal Resource and the National Paralegal Reporter
- Vice president, CLE chairperson and mentor program chairperson at New York City Paralegal Association, Inc. (NYCPA); an ethics and professional responsibility coordinator for the National Federation of Paralegal Associations (NFPA), and is a member of NFPA’s Ad Hoc Committee on Rogue Paralegals
- Can be contacted at 917-841-1204 or [email protected]
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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.
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