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OnDemand Course

Contract Basics for Paralegals

Review your next contract with confidence and get a firm understanding of contract formation, essential terms, and enforcement.

Contracts govern the basic business and commercial relationships for most of us, yet for many, the basics of contract law remain a mystery. There is often misinformation about simple questions such as is a handshake enough, or do all the boilerplate terms of a contract really matter? This topic will address these and many more issues surrounding the formation and enforcement of contracts.

93 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

What Is a Contract?

  • Basic Elements
  • Oral or Written
  • Must Be Definite
  • What Is Not a Contract?

How Are Contracts Made?

  • Negotiations
  • Agreement on Terms
  • Written Contracts
  • Oral Contracts
  • Invoices, Purchase Orders and Other Forms

Why Are Contracts Legally Enforced?

  • Benefit or Bargain
  • Fairness
  • Purpose Legitimate
  • Your Word Is Your Word

Do All Terms in a Contract Matter?

  • Price and Quantity
  • Quality
  • Implied Terms
  • Boilerplate
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on July 21, 2021.

Call 1-866-352-9540 for further credit information.

  • NALA 1.52
     
  • This program is applicable for continuing legal assistant education credit. Please check with your accrediting board to see if this course will qualify towards your recertification requirements. Program Length: 1.52 hour(s).
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Sean R. Smith

Sean R. Smith

Continuum Legal Group LLP

  • Attorney with Taylor English Duma LLP in Atlanta
  • Represents companies and individuals in a multitude of different areas of litigation and alternative dispute resolution
  • Tried multiple actions in state and federal courts in Georgia and surrounding states, including a representation of Time Inc., which was noted as one of the 15 significant defense verdicts in the country in 1996
  • Represented numerous clients in appeals in both state and federal court
  • Advises clients on an ongoing basis regarding various methods of avoiding litigation and making litigation more effective and efficient when it is necessary
  • Briefed and argued appeals in numerous appellate courts, including the 11th Circuit, 6th Circuit, the Supreme Courts of Georgia and Montana, and the Court of Appeals of Georgia
  • J.D. degree, University of Chicago; A.B. degree, on the law review and was a Hinton Moot Court Finalist, Harvard College
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Add to Wishlist

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

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Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 408835
Published 2021
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