Contracts are one of the most important tools for smooth functioning of business operations. Every commercial or non-commercial entity enters into contracts and agreements to ensure certainty of service, predictability of course of action and enforceability of the agreed terms. While the enforceability of a contract comes into play after it has been accepted by each party, the most crucial and tricky aspect of a contract is its drafting. Contract drafting involves application of business knowledge, contract laws and writing skills. An incorrectly drafted contract can have unforeseeable repercussions, causing huge financial losses to the parties involved. Thus, not everybody has the desired proficiency to draft effective contracts.
This interactive course consists of videos, exercises and quizzes making it engaging and enjoyable to learn. A subject-matter expert will moderate this course through the "Contract Law: Caution and Contentions" community. Once you are a part of the community, you can enhance your learning by participating in the discussion threads, raise queries and get solutions from experts in quick time. You can also share your own ideas, access best practices shared by peers, get ideas about the next learning topics to complete your study. You are also encouraged to go through all the topics of the course in detail and post your queries in the applicable comments section of the community. The moderator of the community will get back to you within a short time. You may also participate in the ongoing discussion forums to raise and clear your doubts.
This course helps you grasp the fundamentals of Contract law and hone your contract drafting skills. It provides relevant practical assignments using case studies for you to understand the rights and liabilities emerging from day-to-day and complex contractual dealings. The course helps you take informed decisions on the broad range of issues relating to drafting, formulating and enforcing a contract.
Progress will be tested by way of quizzes and assignments at the end of each module. Learners must attempt the exam at the end of the course and secure at least 50% marks to obtain the course certificate. If they fail to clear the exam, the learners will have to pay a fee of ₹200 for re-examination.
There are no prerequisites for taking this course.