Fundamentals of
Contract Law
Including Drafting & Vetting
9.30am to 5.30pm
Thursday & Friday, 14th and 15th May 2009
Focus
The focus of the course is to introduce participants to the importance of Contract
Law. It is essential for individuals who are going to be involved in dealing with
Contracts who will need an inside to deal with Contractual issues. Real Contract
issues are discussed and cases and the way to deal with issues common in contract
and the pitfalls will also be discussed.
Objective
By the end of the course, participants would have developed the approach to deal
with issues of contracts. Drafting and vetting of contracts will be taught and
participants will be given practical exercises and guidelines in approaching
contracts as a whole.
Facilitator
Mr. David Shanmugam
He holds a Bachelor of Law degree from the University of London and Master of
Business Administration degree from Victoria University. He has many years of
experience in the private sector and he is presently working as an in house Legal
Counsel for a local company.
Over the years, he has conducted legal training for the corporate sector on the
various practical legal issues facing the corporate field and has lectured for many
training institutions, on Business and Company Law. His main forte, is in the
field of corporate and commercial drafting of contracts, including company
matters.
Organisers
SAICSA MEMBERS: 14 CPE HOURS
SDF Funding for SMEs
Course Outline
How can I protect my legal interest when signing a
contract?
• What terms should be agreed.
• How to negotiate difficult terms
• Balancing risk when agreeing to certain terms
What are the pitfalls in payment terms and what
should be done?
• Should the parties pay up 20% upfront?
• What currency should be used for payment?
• Payment by way of using LC and the
advantages
What is meant by exemption liability clause?
• Definition of exemption clause
• Legal effects of exemption clauses
•
Industry practice