WOL-122

WOL-122: Contracts

Duration: self-paced
Credits: 3 Credits (126 Clock Hours)

Description

This course presents a comprehensive, well-organized, functional approach to the law of contracts. The students learns to analyze agreements and how to determine whether or not a contract has been formed, what law applies, whether the contract is enforceable, whether or not a party has breached, and, if so, what remedies are available to the aggrieved party. The approach is very practical, and prepares the student for contract work in the legal, business, or government environment. An essential course.

Course Syllabus

I. The Offer
- A. Offer v. Preliminary negotiation
- B. Elements of an offer
- C. Alternatives to Classical Consideration
II. After the Offer but Before Acceptance
- A. Death of an offer prior to acceptance
- B. The offer that refuses to die
III. The Acceptance
- A. The elements of an acceptance
- B. The method for accepting an offer
- C. When an acceptance is effective
IV. After the Acceptance
- A. Modifying a contract
- B. Terminating a contract that has not been completely preformed
V. Enforceability I
- A. Minority (infancy)
- B. Mental incapacity
- C. Incapacity due to alcohol or other drugs
VI. Enforceability II
- A. Unconscionability and adhesion contracts
- B. Fraud and misrepresentation
- C. Duress and undue influence
- D. Mistake in a basic assumption of fact
VII. Enforceability III
- A. Statute of frauds
- B. Illegality
- C. Forum selection
VIII. Defenses to Allegations of Breach
- A. Compliance
- B. Excuse
- C. Justification
- D. Terminated duty
- E. Breach
IX. Remedies
- A. Expectation
- B. Reliance
- C. Restitution
- D. When restitution is not available
X. Third Party Interests
- A. Third party beneficiaries
- B. Assignment of contract rights and delegation of contract duties
- C. Third party interference with an existing contract

Earn Your Certificate Online

Upon completion of this individual course, students will be awarded a certificate from the The Washington Online Learning Institute.

Certification from the accredited Washington Online Learning Institute will signify the student's achievement in both knowledge and competence.

This certificate is valid in all 50 States.

Course Format: Instructor Led Online Course

Students are required to complete weekly reading assignments both from the textbook and other supplemental materials. Students must also participate in discussions with the course instructor and fellow students. Discussion forums are provided in the WOLI online classroom.

Online tests are conducted at the end of each course.

Students are not required to attend any scheduled class meetings. Log in at your convenience to attend school.

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Washington Online Learning Institute is Regionally accredited by the Middle States Association CESS, and licensed by the Minnesota Office of Higher Education as an institution of higher learning