Course Description

Every day, you interact with the world of contracts. Whether it's the simple act of buying a cup of coffee, purchasing a ticket to a football game, or engaging in business negotiations, contracts permeate our daily lives. However, how many truly understand the nuances of US contract law and the implications of these binding agreements? With this comprehensive introductory course, you'll delve deep into the intricacies of contract law in the United States and gain invaluable knowledge to navigate life's many agreements more confidently.

Our 11-lesson program offers both a panoramic view and intricate details of US contract law. At the outset, we demystify what contracts are, breaking down their foundational concepts and highlighting their diverse types. From there, we transition into an exploration of the essential elements that form the backbone of most contracts. Simultaneously, you'll grasp how the US legal system interprets and applies these elements, safeguarding rights and ensuring fairness.

Now, let's tackle a common misconception. Many believe that contracts are purely about signing a document. However, the true essence of a contract lies in the three pivotal components – offer, consideration, and acceptance. Through illustrative examples, we'll elucidate these core concepts, ensuring you're well-equipped to discern valid contractual agreements from mere casual conversations.

A fundamental question arises: Who can legally enter into a contract? Through real-world scenarios, we'll unveil the criteria determining a person's capacity to contract. From minors to mentally incapacitated individuals, we'll navigate the nuances ensuring equitable dealings for all.

But understanding contracts isn't merely about their creation. Effective negotiation skills and the ability to draft sound contractual agreements are equally vital. Through practical exercises and illustrative samples, you'll sharpen your aptitude in both these areas, positioning yourself for advantageous agreements.

Yet, not all that glitters is gold. Contracts can sometimes veer into murky waters. As such, we'll journey into the realm of unfair and illicit contracts, offering insights into when and how these can be legally challenged. Additionally, what happens when a contract meets its natural end, or when disputes arise leading to premature termination? We tackle these questions head-on, exploring the dynamics of contract breach, the potential for voiding agreements, and the intricate dance of rescission claims.

Expanding our scope, we also spotlight specialized contract scenarios, a domain where generic rules sometimes give way to specific stipulations. Whether it's the real estate sector, intricate financing deals, or social contracts like marriage, we'll provide tailored insights, enriching your understanding manifold.

As we near the course's conclusion, we address a highly contemporary issue – the nexus between contract law and the burgeoning digital realm. In an age where online transactions and digital agreements are skyrocketing, understanding the legal ramifications in this domain is paramount.

In wrapping up our journey, here's a promise: By the end of this course, whether it's purchasing your dream home, negotiating a job contract, or simply understanding the terms of an online subscription, you'll handle every contractual interaction with heightened awareness and confidence.

Course Breakdown:

  • Lesson 1: Contract Basics – Understanding the Foundation
  • Lesson 2: Diving Deep: Contract Elements and U.S. Law
  • Lesson 3: Upholding the Deal: Mechanisms of Contract Enforcement
  • Lesson 4: The Art of Agreement: Offer and Acceptance Explained
  • Lesson 5: Crafting Contracts: Mastering Negotiation and Drafting
  • Lesson 6: Treading with Caution: Improper Contractual Scenarios
  • Lesson 7: The Fine Print: Navigating Unfair Contractual Clauses
  • Lesson 8: Full Circle: Contract Termination and Completion
  • Lesson 9: A Deeper Dive: Specialized Contractual Situations
  • Lesson 10: Beyond the Basics: Advanced Contractual Scenarios
  • Lesson 11: Surfing the Web: Contract Law in the Digital Age

Embark on this enlightening journey and unlock the world of contracts like never before. Secure your spot today and lay the foundation for a future of informed decisions and successful negotiations.

  • Completely Online
  • Self-Paced
  • Printable Lessons
  • Full HD Video  
  • 6 Months to Complete
  • 24/7 Availability
  • Start Anytime
  • PC & Mac Compatible
  • Android & iOS Friendly
  • Accredited CEUs
Universal Class is an IACET Accredited Provider
 

Learning Outcomes

By successfully completing this course, students will be able to:
  • Define what a contract is.
  • Define the contract elements and how it relates to U.S. law.
  • Summarize contract enforcement.
  • Define the Offer and Acceptance of contracts.
  • Describe the processes of negotiating and writing a contract.
  • Summarize improper contract situations.
  • Summarize unfair contractual conditions.
  • Describe contract termination and completion.
  • Summarize special contract situations.
  • Demonstrate mastery of lesson content at levels of 70% or higher.
 
 

Assessment Guide

Assessment Points
An Introduction 1 points
Lesson 1 : Contract Basics 12 points
Lesson 2 : Contract Elements and US Law 8 points
Lesson 3 : Contract Enforcement 9 points
Lesson 4: Offer & Acceptance 9 points
Lesson 5 : Negotiating and Writing a Contract 10 points
Lesson 6 : Improper Contract Situations 8 points
Lesson 7 : Unfair Contractual Conditions 9 points
Lesson 8 : Contract Termination & Completion 11 points
Lesson 9 : Special Contract Situations 10 points
Lesson 10 : More Special Contract Situations 9 points
Lesson 11 : Contract Law & The Internet 9 points
The Final Exam 47 points
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