Principles of Business Contracts

A required course in the Contract Management Certificate Program.

Gain a broad understanding of business contracts, learning the basics of what it takes to procure, negotiate and administer contracts that are binding. Understand how to ensure the success of the contract by acquiring an insider's view of contract administration, negotiation, and financial analysis, while learning how to select the most appropriate type of contract and understand business contract principles. Explain the specific language and terms used in business contracts, the elements of a business contract, the bodies of law that govern business contracts, the various contract types available and how used, the life cycle of a contract from determination of the need to close-out.

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