Description
Learn the basics of contract law including sources, drafting, and explanation of special forms of contracts.The commercial world today is global, and the ability to enter electronic contracts is an essential part of it. Paralegals involved with drafting and reviewing commercial contracts need to understand the different sources of contract law, including ecommerce and internet law, and be able to draft and review commercial contracts. This topic will help paralegals responsible in drafting and reviewing commercial contracts to navigate different types of contract laws and become familiar with the standard elements of a commercial contract, including the preamble, recitals, definitions, terms and termination, representations and warranties, indemnification, limitations on liability and miscellaneous and boilerplate provisions.
Date: 2024-05-13 Start Time: End Time:
Learning Objectives
Contract Law and Its Sources
• The Common Law of Contracts
• The Uniform Commercial Code (UCC)
• The Restatement of the Law of Contracts
• Uniform Computer Information Transactions Act (UCITA)
• Federal Arbitration Act
• State Specific Law
• Practice Specific Law
Writing, Formality, and E-Commerce Signature Law
• Writing Requirement and Statute of Frauds
• Formality of the Writing
• Parole Evidence Rule
E-Contracts and Internet Law
• The Internet and the World Wide Web
• Domain Name
• E-Contracts Writing Requirements
• Software and E-Licensing
• Breach of License Agreements and Remedies for Breach
• Online Privacy and Social Media
• Cyber Crimes
Special Forms of Contracts
• Negotiable Instruments
• Agency Contracts
• Labor Contracts
Drafting and Reviewing a Commercial Contract
• Preamble
• Recitals
• Definitions
• Term and Termination
• Operative Provisions
• Price and Payment
• Building Blocks of a Commercial Contract: Representations and Warranties, Covenants, Rights, and Conditions
• Intellectual Property Rights
• Confidentiality
• Dispute Resolution
• Signatures
• Other Components of a Contract
NALA ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Mariana Fradman, MBA-New York Life Insurance Company