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Impact of COVID-19 on Contracts
With the Covid-19 global pandemic outbreak, comes the new laws Covid-19 (Temporary Measures) Act impacting on commercial contracts. This 1-day online zoom webinar will discuss the legal implications that Covid-19 crisis has brought about the challenges facing businesses in the current environment.
Contracts are essential features in the business world. You need business contracts to safeguard your business profits. You do not need to have legal knowledge to attend this course.
What you do not know, can hurt your business. This interactive intensive course empowers you with the knowledge on how contracts are validly made including e-contracts made online with e-signatures v wet ink signatures. Are oral contracts valid? Learn certain factors such as misrepresentation that can invalidate your contracts. How to discharge a contract? What are your remedies if there is a breach of contract? Through contracts, businesses and individuals communicate expectations with each other.
This course explains the fundamentals of contract law principles, which applies to your business contracts. Ignorance of the law is not a privilege. It's a misfortune. This course is relevant to Contracts Managers, Business Managers, Finance Professionals and anyone who deals with contracts. There will be case scenarios and quiz to enhance learning.
Contracts are essential features in the business world. You need business contracts to safeguard your business profits. You do not need to have legal knowledge to attend this course.
What you do not know, can hurt your business. This interactive intensive course empowers you with the knowledge on how contracts are validly made including e-contracts made online with e-signatures v wet ink signatures. Are oral contracts valid? Learn certain factors such as misrepresentation that can invalidate your contracts. How to discharge a contract? What are your remedies if there is a breach of contract? Through contracts, businesses and individuals communicate expectations with each other.
This course explains the fundamentals of contract law principles, which applies to your business contracts. Ignorance of the law is not a privilege. It's a misfortune. This course is relevant to Contracts Managers, Business Managers, Finance Professionals and anyone who deals with contracts. There will be case scenarios and quiz to enhance learning.
Outline
1. Impact of Covid-19 (Temporary Measures) Act
2. Essentials of Valid Contracts
3. Terms of Contract
4. Invalid Contracts
5. Enforcing Contracts
- looking at existing contracts
- looking into future new contracts
- tenancy of commercial contracts
- construction contracts
- supply contracts
2. Essentials of Valid Contracts
- Offer, acceptance and invitation to treat
- Request for proposal, tenders, auctions
- Consideration
- Intention to be bound – Commercial agreements
- Electronic signatures and wet ink signatures
3. Terms of Contract
- Express terms, implied terms
- Conditions and warranties
- Breach of terms of contract
4. Invalid Contracts
- Factors vitiating valid contracts
- Misrepresentation of material facts, not opinion
- Duress and undue influence
5. Enforcing Contracts
- Discharge of Contracts
Frustration & Force Majeure clauses
- How to protect your business from impact of Covid-19 outbreaks?
Performance of Contract
Agreement (novation)
Breach of contract - Damages and liquidated damages – Doctrine of penalty
- Specific performance and injunction for contract enforcement
Who should attend
Contracts Managers, Business Managers, Finance Professionals, and anyone
who deals with contracts.
who deals with contracts.
Profile of Catherine Tay
Catherine Tay has over 35 years of lecturing experience as an Associate Professor lecturing business law at the National University of Singapore (NUS) Department of Strategy and Policy, NUS Business School. She is an Advocate and Solicitor of the Supreme Court of Singapore. She is also a barrister-at-law (of Lincoln’s Inn, United Kingdom). She is an author of more than 8 law books, including her best-seller book title called "Contract Law - A layman Guide".
She studied law at Queen Mary College, University of London and graduated with a Bachelor of Laws with Honours and with a Master of Laws, in which she specialised in Company, Shipping, Insurance and Marine Insurance Laws.
She has facilitated seminars and in-house training courses for many business law topics such as tenancy agreements, contract administration management, procurement contracts, legal and practical aspects of tender management, Service Level Agreements and Outsourcing contracts, oil and gas contract management, insurance contracts, Intellectual Property Laws and PDPA data privacy laws. She is an examiner on law subjects for a number of professional bodies and universities in Singapore and overseas. She has lectured at the NUS Extension in professional and business management law courses.
She was an adjunct lecturer at NUS Institute of System Science, in IT outsourcing contracts for over 20 years. She is the Honourable Legal Advisor for Singapore Optometric Association, as well as for the Singapore Institute of Engineering Technologists.
