Introduction to Liability Clauses in Contracts
This course is intended to be an introduction for people new to contracts, and a guide for more experienced users.
Ratings 4.00 / 5.00
What You Will Learn!
- Recognize the implications/interactions of liability and related contract clauses.
- Bolster your role in determining value managing risk for these non-deliverable-related clauses.
- Be an informed consumer of legal counsel, so that you are more adept in guiding their advice to correspond to your business needs.
- Be prepared to negotiate terms relative to your business needs, with increased competence in understanding the risk and value of particular items.
Description
This course is intended to be an introduction for people new to contracts, and a guide for more experienced users, to common types of liability clauses in contracts. The course begins with a brief overview of what is involved in a contract, and where liability clauses come into play. We then do a deep dive into some of the more important liability clauses, such as Warranty and Indemnification. The course closes with special-case examples of clauses that may appear, and describes potential meanings and impacts. Finally, a brief review of common errors in contract drafting is presented.
Who Should Attend!
- Anyone interested in Accounting, Finance, Business Law, or related fields.
