Online Essentials of Commercial Contract Management Course

8-Week Course

8 Continuing Education Units

57.5 PDUs

80 Military Clock Hours

About the Course

The Essentials of Commercial Contract Management course deals with some of the most integral contract management topics taught by industry experts. Topics covered include applying Agile methodology to contract management processes, basic elements and formation, as well as contract performance, dispute resolution and intellectual property. The course also examines in detail the Uniform Commercial Code as it relates to basic contract law to help students who engage in commercial transactions understand its applicability. This online course gives you the tools to understand the entire procurement process – from contract definitions and source selection to contract management and administration.

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Curriculum

8 Week Course

Week 1

Week 1: Introduction to UCC and Article 1

Describe the foundations of law and the history of the court system
Identify key terms related to UCC
Explain how the UCC functions
Describe the content of Article 1 of the UCC

Week 2

Week 2: Transactions of Goods

Explain the offer process and what qualified as the terms of the offer
Describe the requirements of acceptance
Explain the formation of a contract and good faith purchasers
Define the role of performance, breach and remedies

Week 3

Week 3: Lease of Goods

Describe the main aspects of a lease
Interpret contractual provisions, rules and special situations

Week 4

Week 4: Negotiable Instruments

Define the negotiation, transfer and indorsement process
Describe enforcement of instruments
Explain liabilities of parties and payment

Week 5

Week 5: Bank Deposits, Collections and Funds Transfer

Describe the relationship between principals and third parties and between agents and third parties
Explain principals’ and agents’ roles regarding their duties and remedies
Define funds transfers

Week 6

Week 6: Letters of Credit

Define the key terms associated with letter of credit
Describe remedies

Week 7

Week 7: Bulk Sales and Documents of Title

Describe the role of creditor and transferor in bulk sales
Explain the relationship between the bailor and bailee

Week 8

Week 8: Investment Securities and Security Transactions

Describe the function of investment securities
Define personal property and creditor transactions

Learning Objectives

Skills Learned

Agile Negotiation Procurement Knowledge of UCC Conflict Management Business Ethics

What You’ll Study

Overview

Agile Methodology
Commercial Transactions
Commercial Forms
UCC
Terminology
Employer Agreements

Contract Formation

Offer
Acceptance
Consideration
Concepts
Enforcement

Proposal Analysis

Contract Remedies
Performance and Scope
Short/Long Term Risks

Principal and Agency

Creation and Terminology
Rights, Duties and Remedies
Agents and Relationships
Employer and Employee

Property Law

Real Property
Personal Property
Commercial Paper
Intellectual Property

Dispute Resolution

Resolution of Disputes, Part 1, 2 & 3

Miscellaneous Legal Topics

Export Control
Business Ethics
Payments
Bonds
Warranty

Related Certificate Programs

Contract Management Certificate

24 Weeks

3 Courses

$5,883+

Prepare to effectively manage contracts in the private and public sectors.

Certification Prep Certification Available

Who Should Register?

Essentials of Commercial Contract Management is designed for contract administrators in the public sector who would like to strengthen their negotiation, process and practical skills to secure the best possible results for their organization.

Tuition & Payment

Total Course Cost

$2,095

Enroll Now

Course offerings and associated prices are subject to change without prior notice. Pricing for multi-course certificate programs varies depending on course selection. View the Professional Education Catalog for more information on the courses and programs.

Payment Options

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