In today’s business environment, understanding the legal framework behind contracts is critical for success. This course introduces learners to the foundational concepts of Canadian business contracts, including the essential elements of offer, acceptance, and consideration. You’ll learn how contracts are formed, the importance of clear communication, and how to ensure contractual obligations are met, whether in written or non-written agreements. The course also emphasizes the importance of correctly dating, signing, and identifying parties to a contract, avoiding common pitfalls and ensuring business certainty.

Additionally, the course delves into practical examples and case studies, such as the infamous “million-dollar comma” case, to illustrate how minor mistakes can have significant financial consequences. With a focus on practical application, this course is ideal for business professionals, legal practitioners, and anyone looking to improve their contract management skills. You’ll leave with the tools to create, manage, and finalize contracts with confidence and clarity, ensuring your business dealings are protected by strong legal agreements.

Key Topics Covered:

• The core components of a contract: offer, acceptance, and consideration
• Legal implications of written vs. non-written contracts
• Proper dating, signing, and formatting of contracts
• Identifying parties and ensuring contractual obligations are met
• Avoiding common contract mistakes, such as the “million-dollar comma”
• Finalizing and proofreading contracts for business certainty