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Introduction to Contracts
Take your first step into the world of contractsPreview the first lesson free — get full access to all 3 lessons.
Beginner Provider : Michele Hagan 3 Lessons · 7m in Arabic, German, English, Spanish, French, Portuguese, Chinese
Course Description
Contracts are used every day in business and in our personal lives. This course will cover the introductory basics of contracting, including who uses contracts and for what purposes. In business, contracts are most often used by owners, entrepreneurs, and employers. Instructor Michele Hagan clarifies that business contracts can be used not only in regard to services, but also to prevent people or entities from doing things. This course will discuss the difference between written and verbal contracts. While a nod, handshake, or promise may sometimes be enough, most contracts are put in writing with the terms clearly expressed. By the end of this course, you will be able to know which type of contract is best for you.
What You'll Learn
- Understand the basic definition of a contract and how contracts are used in business and personal life
- Identify who uses contracts in business, including owners, entrepreneurs, and employers, and for what purposes
- Describe how contracts can be used not only for services but also to prevent people or entities from doing things
- Distinguish between written and verbal contracts and when each is appropriate
- Determine which situations call for the use of a written contract
- Decide which type of contract is best for your needs
Key Takeaways
- Contracts are used every day in both business and personal life.
- In business, contracts are most often used by owners, entrepreneurs, and employers.
- Business contracts can be used not only for services but also to prevent people or entities from doing things.
- While a nod, handshake, or promise may sometimes be enough, most contracts are put in writing with the terms clearly expressed.
- By the end of the course, learners can determine which type of contract is best for them.
Frequently Asked Questions
Who is this course for?
This course covers the introductory basics of contracting and is relevant to those who use contracts in business, including owners, entrepreneurs, and employers, as well as anyone who uses contracts in their personal lives.
What does this course cover?
It covers the introductory basics of contracting, including who uses contracts and for what purposes, and discusses the difference between written and verbal contracts.
What will I be able to do after taking this course?
By the end of the course, you will know the basic definition of a contract, know what situations call for the use of a written contract, and be able to know which type of contract is best for you.
Who teaches this course?
The course is taught by instructor Michele Hagan.
What topics or lessons are included?
The course includes the lessons Contracts Defined, Is a Written Contract Required?, and Test Your Knowledge.
