Welcome to Module 3 of the 2205 course! In this module, we will be diving into the world of contract law and learning how to effectively draft and negotiate contracts.

Learning Objectives

By the end of this module, you should be able to:

• Comprehend the essential elements of a contract
• Draft and negotiate contracts in a way that minimizes risks

Now, let’s get started with the lessons in this module.

Lesson 1: Introduction to Contract Law

In this lesson, we will lay the foundation of your understanding of contract law. We will explore the principles that govern contracts, the essential elements required for a valid contract, and the legal implications of entering into a contract agreement. By the end of this lesson, you will have a solid grasp of the basics of contract law.

Lesson 2: Drafting and Reviewing Business Contracts

Building upon your knowledge from the previous lesson, this lesson will focus on developing practical skills in drafting and reviewing business contracts. We will delve into the key provisions that should be included in a contract, as well as the common pitfalls to avoid. By the end of this lesson, you will be equipped with the necessary tools to effectively draft and review business contracts.

Remember to take notes and engage with the material throughout the lessons. Understanding contract law and gaining competence in drafting and negotiating contracts is crucial for any entrepreneur. Good luck!