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Business Contract Law For Non-legal Professionals

SIM Professional Development (SIM PD) is the leading provider for adult learning, training and development for corporate and career development. We provide a wide range of quality executive programmes, corporate training, seminar and workshops in areas of soft skills training, leadership training, sales training, management training, personal effectiveness & productivity, project management training, strategy execution and forumation.

business contract law for non-legal professionals

Introduction

Understanding contract law is vital in business and will help you safeguard your business interests and protect your company’s rights at all times. Learn how and when a contract is formed, appreciate the different terms in a contract, find out the various vitiating factors that can rescind a contract and ways to discharge a contract, and remedies available to an innocent party in the event of a breach of contract? Real life examples and case scenarios will give you an opportunity to apply these knowledge to actual situations.  

Benefits to You

Be exposed to the fundamentals of contract law principles and learn when there is a fundamental breach of a contract and the various options available to an aggrieved party. More importantly, know how to protect your business interestsand rights by taking steps to ensure that your business has suitably worded exclusion clauses to limit liability. Be advised on how you can recover the maximum damages due to you in a dispute such as a breach of contract.

  • What is a contract and how is it different from an agreement?
  • Understand when a contract is formed.
  • Assess whether a vitiating factor has occurred and the options available when it occurred.
  • Develop an appreciation of express and implied terms and to contrast a condition, warranty and innominate term.
  • Distinguish between misrepresentation, mistake, undue influence, duress, unconscionability and illegality and the effects on a contract.
  • Identify clauses in restraint of trade and the legitimate interests to be protected.
  • Recognise the various ways in which a contract may be discharged.
  • Differentiate between penalty clause and liquidated damages clause.
  • Appreciate the legal and equitable remedies available in the event of a breach of contract.
  • Understand how damages are quantified based on concepts of causation and remoteness.
  • Recognise when extra-ordinary or secondary losses may be claimed from the party in breach.
  • Use of exemption clauses to protect your business interests.     

 


Programme Outline

·        Business planning

·        Safeguarding contractual rights

·        Understanding implications of discharging contracts

·        Enforcing contractual rights

·        Differentiation of various contractual terms


Who Must Attend

(Level 3) New Managers     
(Level 4) Managers

Programme Leader

Alfred Lim is a litigation lawyer and a director of a law firm. His primary practice is in commercial litigation with an emphasis on construction disputes. He has acted in matters at all levels of the Singapore Courts as well as in institutional and ad-hoc arbitrations. Alfred obtained his Bachelor of Engineering, Civil (Honours) from the National University of Singapore before obtaining his LLB (Honours) on its accelerated Graduate LLB programme. He was a former prosecutor with the Ministry of Manpower and the Attorney-General's Chambers before joining the private practice. In September 2015, he attended Harvard Law School where he was trained in negotiation.

Alfred has been involved in matters pertaining to breaches of construction contracts, adjudications under the Security of Payments Act, product defamation, tenancy disputes, employment disputes, breaches of shareholders' agreements and High Court personal injury claims.   

Registration

Category

SIM Member Fee  (S$)

Non-member Fee  (S$)

including GST

including GST

Normal Fees

749.00

909.50

Early Bird Fees

10% DISCOUNT OFF THE FEES ABOVE

- terms & conditions applies ; please call to enquire.


 

Early Bird Fees closing date for the programme :



Programme Scheduled Date

Register by


6 & 7 December 2018

25 October 2018


11 & 12 March 2019 -

28 January 2019


24 & 25 June 2019 -

13 May 2019


19 & 20 September 2019 -

8 August 2019


11 & 12 November 2019        

30 September 2019


 

Enquiries : Kho Mei Yen - 62486137 | 62466746, khomeiyen@sim.edu.sg

Foreign participants sponsored by their companies, GST is not applicable. If payment is made by a Singapore-registered company, GST will apply.

Non-members are welcome to sign up for SIM membership to enjoy the discounted rate. To sign up for SIM Membership, please visit www.pd.sim.edu.sg/membership/overview, email membership@sim.edu.sg or call 6248 9489. To register for the programmes now, select the preferred programme run-dates below through the register icon. "Register", which will bring you to the registration page.

DateTimeVenueRegistration Closing Date 
11/03/2019 - 12/03/201909.00 am - 5.00 pmSIM Management House, 41 Namly Avenue, Singapore 267616Feb 25, 2019 Register
24/06/2019 - 25/06/201909.00 am - 5.00 pmSIM Management House, 41 Namly Avenue, Singapore 267616Jun 17, 2019 Register
19/09/2019 - 20/09/201909.00 am - 5.00 pmSIM Management House, 41 Namly Avenue, Singapore 267616Sep 12, 2019 Register
11/11/2019 - 12/11/201909.00 am - 5.00 pmSIM Management House, 41 Namly Avenue, Singapore 267616Nov 04, 2019 Register