This free online course teaches the enforceability, interpretation, performance, and defences of legal contracts.

Did you know that American contract law has its roots in English common law? This course explains how it developed distinct traits over time and the formation, interpretation, performance and defences of contracts. First, we provide an overview of contract law and its functions. After that, we study the role of offer and acceptance in creating an agreement. The statute of fraud and its impact on contract validity and the effects of misrepresentation, fraud and mistakes on the enforceability of contracts are then covered.

Next, the course moves on to contract interpretations and addresses the Parol evidence rule and its exceptions. Then, we discuss the limitations of construction to clarify contract language. Following that, we look into numerous conditions under contract law, methods by which parties might fulfil their duties, and different kinds of contract violations. Duress, from threats of violence and economic coercion, and undue influence as contract defences are also described.

Lastly, the course delves into many contract remedies, such as damages and restitution, in case of a contract breach. Several types of third-party rights, which can arise in the context of a contract, the distinctions between assignment and delegation, and the privity of contract and its exceptions, are then discussed. Finally, you will learn how to write a clear and straightforward contract. Improve your knowledge about the field of contract law with this course. Register right now!