Understanding Contracts: A Beginner's Guide
Fri, Jun 14
|Virtual Event link to follow.
All attendees are sure to leave with an understanding of the key elements of a contract, the reasons contracts are important and pitfalls to avoid. The session will close with an interactive exercise designed to develop a basic contract.
Time & Location
Jun 14, 2024, 10:00 AM – 11:30 AM
Virtual Event link to follow.
Guests
About the event
This presentation is designed to provide participants with a general and basic understanding of contracts. By the end of the meeting, participants will understand how to draft a general contract by engaging in an interactive exercise. It is especially helpful for new, independent contractors, freelancers, consultants, small business owners, and anyone planning to start a small business or project.
Presentation Outline:
Introduction to Contracts
- Definition and Importance
- Types of Contracts
Essential Elements of a Contract
- Offer
- Acceptance
- Consideration
- Legality
Key Contract Clauses and Terms
- Parties Involved
- Scope of Work/Services
- Payment Terms
- Duration and Termination
- Confidentiality
- Dispute Resolution
Common Contract Issues
- Breach of Contract
- Contract Modifications
- Disputes
Interactive Session: Drafting a Basic Contract
- Step-by-Step Guide
- Group Activity
- Review and Feedback
Q&A Session
- Open Floor for Questions
- Addressing Common Concerns