AN INTRODUCTION TO THE LAW OF CONTRACTS

Instructor: RANJANI NATESAN

Language: English

Learners Enrolled: 537 (Past) + 1 (Active)

Course Duration: 90 days

Course Fees (INR): 7500/-

Course Description

After doing this online course, Students will be able to:

  • Effectively know about contracts of all kinds.
  • Know the differences between Agreement and Contract; classify different types of contracts.
  • Effectively know about what contracts are enforceable under the Indian Contract Act.
  • Learn the “essentials” of a valid contract.
  • Understand the value of offer, acceptance, and consideration.
  • Effectively know about the adverse of contracts entered by coercion, fraud, mistake, etc
  • Effectively know about how the Contracts are to be performed.
  • Assess damages and remedies upon breach of contract, such as Liquidated damages, Stay Orders, Injunctions, Consequential and Remote Loss.
  • Earn an industry-wide recognized and reputed IALM certificate.
  • Important Information about this ONLINE Corporate Law Course.
Benefits of doing this Online Course from IALM:
  • A highly recommended course for all legal professionals (young as well as experienced), Law, and any professional entering and negotiating contracts.
  • Downloadable Course Material in the form of PDFs, Assignments, and Videos.
  • Enrollment in IALM Internship Program and IALM Placement Facility. (Conditions Apply)
  • Interaction with Experienced Faculty by email.

Jobs & Career Opportunities:

Many careers involve working with legal contracts because contracts govern almost all business dealings. Some job titles are paralegal, attorney, contract manager and adjudicator. 

  • Adjudicators:
Adjudicators, sometimes called neutrals, mediators or arbitrators, resolve disputes between parties, often involving the interpretation of legal contracts. The process is not as formal, time-consuming or expensive as litigation. Both parties agree on an adjudicator. The parties present evidence, and the adjudicator examines it and renders a decision. The decision may or may not be final, depending on the terms of the agreement. Arbitration services can be contracted through a private company, and some governments offer mediation and arbitration as an alternative to litigation.
  • Contract Managers:
Contract Managers oversee projects performed in partnership between one organization and another. They are responsible for coordinating every aspect of the project from reviewing and approving contract terms to coordinating deadlines, approving budgets and more. Contract Managers work across many industries, including real estate development, health care, government agencies and more. They typically begin their careers as Contract Specialists, Contract Administrators, Contract Analysts, and Contract Negotiators, and work their way up to management roles.

  • Paralegals:
Paralegals assist attorneys by drafting documents, including legal contracts. They may also assist attorneys in conducting research and preparing cases. A paralegal's duties may include preparing tax returns, planning estates and organizing files. Paralegals use computer databases to store and retrieve many of the documents they need, including contracts. Paralegals cannot present cases in court or give legal advice. 

  • Attorneys:
Attorneys, or lawyers, advise and represent individuals, groups, organizations and businesses. Many attorneys specialize in contracts, overseeing agreements that involve an exchange of goods or services for something of value between two or more parties. A growing number of attorneys work in intellectual property, with duties that include protecting the contracted rights of artists. While most attorneys are in private practice, many are corporate lawyers, and much of their work deals with legal contracts. 

Important Information About This Online Course-I

  • Contracts are promises that the law will enforce.
  • Contract law is generally governed by the state Common Law, and while general overall contract law is common throughout the country, some specific court interpretations of a particular element of the contract may vary between the states. If a promise is breached, the law provides remedies to the harmed party, often in form of monetary damages, or limited circumstances, in the form of specific performance of the promise made.
  • Contracts are mainly governed by state statutory and common (judge-made) law and private law (i.e. the private agreement). Private law principally includes the terms of the agreement between the parties who are exchanging promises. This private law may override many of the rules otherwise established by state law. Statutory law, such as the Statute of Fraud, may require some kinds of contracts to be put in writing and executed with particular formalities, for the contract to be enforceable. Otherwise, the parties may enter into a binding agreement without signing a formal written document. Most of the principles of the common law of contracts are outlined in the Restatement of the Law Second, Contracts, published by the American Law Institute.

Important Information About This Online Course-II

  • Maximum Duration to complete the Course: 3-Months
  • Course Fees: Rs. 7,500/- (Payment through Credit & Debit Cards, CHEQUE, Demand Draft, Cash, Wire Transfer – NEFT)
  • Online Evaluation Method: Based on “Multiple Choice Question (MCQs)” and an “Assignment Submission” of 500 words.
  • The score of the online examination will be taken as the final result and Grade will be assigned as per the following scheme: Grade A – 80-100, Grade B – 65-79, Grade C – 50-64, Reattempt – Below 50.
  • Next Batch: Each IALM course starts immediately after payment. Students can register online for the course at any time. Upon payment of fees and registration, the present Course will start immediately.
  • Course Material: An IALM copyrighted e-compendium of all the modules will be given FREE upon successful completion of the course

Course Curriculum

How to Use

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