Contract Law

About this course

Contracts are the foundation of all business transactions, but they can often become contentious when things do not go as planned.

This course provides a practical understanding of contract law principles, contract formation, contract management and compliance obligations. Learners will explore key contractual concepts and develop the knowledge required to negotiate, manage and adhere to contracts effectively while reducing business risk.

What the course covers

• Introduction to contracts
• Oral and written contracts
• Offer
• Acceptance
• Consideration
• Legality
• Capacity
• Intention to create legal relations
• What does my contract consist of?
• Letters of intent, MOU and HOA’s
• The terms of my contract
• Is there a breach of my contract?
• Contract term/tenure
• How do I manage risk and liability?
• Variation and procedure requirements

What people can do afterwards

By the end of the course, participants will be able to:

• Understand the fundamental principles of contract law.
• Identify the essential elements required to form a legally binding contract.
• Apply best practice approaches to contract negotiation, management and compliance.
• Recognise contractual risks, liabilities and breach scenarios.
• Interpret key contractual terms and obligations.
• Support effective contract management and business decision-making.

How it is delivered

• Structured learning Designed for learners who are new to the topic or want a comprehensive overview. The course explores the subject in detail and typically takes 35–40 minutes to complete.
• Accelerated learning Allows learners who understand the topic to proceed quickly through the course in 20-30 minutes.

Two ways to run it

• Your policies, your scenarios

  We rebuild “Contract Law” around how your organisation actually works, so the training changes behaviour instead of recording completions.

  Build a custom version

• Ready to run as it is

  Deploy the course off the shelf, with light branding if you want it. Delivered with our partner Safetrac, who will contact you directly.

  Deploy off the shelf

Either way, you can run it through our compliance platform or take it as a SCORM package for the LMS you already have.

What it costs

Off-the-shelf pricing starts at $4,000 a year for up to ten courses with your logo and colours applied, rising with how much you want changed. The tiers are the same across the catalogue, so they are set out once on the pricing page rather than repeated on all 101 courses.

If what you actually need is your own scenarios and your own policies rather than a reskin, that is a custom build, and it is the work Hungry Minds does.

Choosing an LMS

If you don’t currently have an LMS, we can help you select a platform that suits your organisation.

For smaller teams or organisations getting started, we typically recommend LearnWorlds for its ease of use and quick setup.For organisations requiring more advanced functionality and reporting, TalentLMS is a strong option.

Learn more:LearnWorlds TalentLMS

We may receive a commission if you sign up to an LMS we recommend. It does not change what we recommend.