Interpreting Contracts
Management & Strategy
SGD 2,071
(SGD 241.30 after MAX Funding)
26 Sep - 27 Sep 2024
8:45 am - 5:45 pm
NUS Business School
Intermediate
Overview
The Must-know for All Businesses
Contracts are the bloodline of a business. The rights and liabilities of a business largely centre on what is stated in the contract.
Even though lawyers are mostly involved in contract drafting, there is so much more a business or individual can do to better protect their own interests.
Specially designed for non-lawyers, this course will provide participants with a better understanding of:
- Terms of a typical contract
- Contract items to pay attention to
- Contract items to avoid
This course has been accredited by the Institute of Human Resource Professionals (IHRP) and mapped to one of the competency areas under the IHRP Body of Competencies. Participants on this course can accumulate CPD hours required for IHRP re-certification. For more information, please visit www.ihrp.sg.
Topic Coverage
The course will address the following:
- Essentials of a Contract: eg: Can there be a verbal contract?
- Making Changes to the Contract: eg: Can a business reduce their employees’ pay during a downturn?
- Express Terms in the Contract: eg: Must contractual terms be fair to be valid?
- Implied Terms in the Contract: eg: Is it implied that both parties must act in good faith in carrying out the contract?
- Factors affecting Validity of a Contract: eg: Can a business complain if the other party concealed certain information before entering into the contract?
- Termination of the Contract: eg: How can a business retain the greatest flexibility to exit a contract?
- Remedies for Breach of Contract: eg: Should a business incorporate a pre-agreed damages clause, and is it valid?
Real-life cases and examples will be covered during the course. There will be a contract drafting exercise to help participants better understand and appreciate the terms of a typical contract
Who Should Attend
Individuals who want to better understand contacts, including entrepreneurs, small business owners, executives handling or negotiating contracts and consumers
Application Procedure & Deadline
Participants are strongly advised to apply at least 2 weeks in advance.
Pre-Requisites
There are no pre-requisites for this course
Fees & Funding
| Self-Sponsored | SME (ETSS Scheme) Company-Sponsored |
Non-SME Company-Sponsored |
|
| Course Fees | S$2,071.00 | S$2,071.00 | S$2,071.00 |
| Singapore Citizens & PRs aged 21 years and above | S$621.30 | S$241.30 | S$621.30 |
| Singapore Citizens aged 40 years and above (MCES Scheme) | S$241.30 | S$241.30 | S$241.30 |
The above prices are quoted in Singapore dollars (SGD), inclusive of 9% GST. GST shall apply at prevailing rates.
*The applicable funding is for Singaporeans and Singapore PRs. It is subject to change and in accordance with SSG funding guidelines as of course commencement.
^ This course could be eligible for SkillsFuture Enterprise Credit(SFEC) – Workforce Transformation. Click here for more information.
Faculty
CHANDRAN, Ravi
Associate Professor LLM Cambridge Author of "Employment Law in Singapore" (6th Ed) Strategy and PolicyPeople who viewed this course also visited:
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