Trust and Promise in Contract Example

Contracts are part of our daily lives and are created in cooperation, trust, promise and credit. How do contracts come into being? What makes a contract enforceable? What happens when a party breaks a promise? We are exposed to contracts in all areas of our lives – we accept the terms when we download a new computer program, hire a contractor to fix a leaking roof, and even order a meal at a restaurant. Knowing the principles of contracts is not only a skill that lawyers need, but highlights a crucial institution for all that we constantly use and generally take for granted. Learn more about contracts from Charles Fried, a harvard law professor, one of the world`s leading authorities on contract law. Contracts are promises that the law will enforce. But when will the law refuse to keep a promise? What happens if one party does not stick to its part of the agreement? This version of the course adds new units to interpretation, agency, partnerships, business, and government regulation. This contract law course, with new materials and updated case studies, is designed to introduce the range of issues that arise when concluding and executing contracts. It provides an introduction to what a contract is and also analyzes the purpose and meaning of contracts. Then the intention to create legal relationships, legality and morality, and the distinction between gifts and good deals are discussed. The course also explores common pitfalls: one-sided promises, mistakes, fraud, and frustration. Knowing what constitutes contracts and how they can go wrong, Professor Fried will talk about the specific remedies and benefits.

Finally, Professor Fried will present how contracts can create rights for third parties. The course lecturer, Charles Fried, has been teaching at Harvard Law School for over 50 years and has written extensively about contracts. Not only is Professor Fried a leading authority on contract law, but he also uses a narrative approach to explain the topic, creating a unique and interesting classroom experience. Do you add the certificate to your CV or CV, or post it directly on LinkedIn Interested in this course for your company or team? Receive a certificate signed by an instructor with the institution`s logo to verify your performance and increase your career prospects. EdX, a non-profit organization, relies on verified certificates to fund free education for all around the world. Train your employees in the most sought-after topics with edX for Business. Give yourself an extra incentive to take the course… .