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AN INTRODUCTION TO LAW OF CONTRACTS BY RANJANI Ranjani Natesan


After doing this online course you will be able to:

  • effectively know about contracts of all kinds.
  • know the differences between Agreement, Contract; classify different types of contracts.
  • effectively know about what contracts are enforceable under Indian Contract Act.
  • learn the “essentials” of a valid contract.
  • understand the value of offer, acceptance, consideration.
  • Effectively know about the adverse of contracts entered by coercion, fraud, mistake etc
  • Effectively know about how the Contracts are to be performed.
  • assess damages and remedies upon breach of contract, such as, Liquidated damages, Stay Orders, Injunctions, Consequential and Remote Loss.
  • earn an industry-wide recognized and reputed IALM certificate.
  • Important Information about this ONLINE Corporate Law Course

Benefits of doing this Online Course from IALM:

  • A highly recommended course for all legal professionals (young as well as experienced), Law and any professional entering and negotiating contracts.
  • Downloadable Course Material in the form of PDFs, Assignments and Videos.
  • Enrollment to IALM Internship Program and IALM Placement Facility. (conditions apply)
  • Interaction with Experienced Faculty by email.

About this course:

Contracts are promises that the law will enforce.  Contract law is generally governed by the state Common Law, and while general overall contract law is common throughout the country, some specific court interpretations of a particular element of the Contract may vary between the states. If a promise is breached, the law provides remedies to the harmed party, often in form of monetary damages, or in limited circumstances, in the form of specific performance of the promise made. Contracts are mainly governed by state statutory and common (judge-made) law and private law (i.e. the private agreement). Private law principally includes the terms of the agreement between the parties who are exchanging promises. This private law may override many of the rules otherwise established by state law. Statutory law, such as the Statute of Fraud, may require some kinds of contracts be put in writing and executed with particular formalities, for the contract to be enforceable.  Otherwise, the parties may enter into a binding agreement without signing a formal written document. Most of the principles of the common law of contracts are outlined in the Restatement of the Law Second, Contracts, published by the American Law Institute. 

Important information about this ONLINE Course

  • Maximum Duration to complete the Course: 3-Months
  • Course Fees: Rs. 7,500/- (Payment through Credit & Debit Cards, Cheque, Demand Draft, Cash, Wire Transfer – NEFT)
  • Online Evaluation Method: Based on “Multiple Choice Question (MCQs)” and an “Assignment Submission” of 500 words.
  • The score of the online examination will be taken as final result and Grade will be assigned as per the following scheme: Grade A – 80-100, Grade B – 65-79, Grade C – 50-64, Reattempt – Below 50
  • Next Batch: Each IALM course starts immediately after payment. Students can register online for the course any time. Upon payment of fees and registration, the present Course will start immediately. 
  • Course Material: An IALM copyrighted e-compendium of all the modules will be given FREE upon successful completion of the course.

Type Lesson Title Time
Introduction 3 Hrs
Offer & Acceptance 4 Hrs
Consideration 4 Hrs
Essentials of Contract 5 Hrs
Consent & Valid Contract 7 Hrs
Free Consent 4 Hrs
Legality of Object 6 Hrs
Void Agreements 4 Hrs
Performance of Contract 8 Hrs
Wagering & Contingent Contracts 7 Hrs
Quasi Contract 4 Hrs
Breach of Contract and its Remedies 4 Hrs
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