Essentials of Commercial Contract Management
Overview
The Essentials of Commercial Contract Management course deals with some of the most integral contract management topics taught by industry experts. Topics covered include applying Agile methodology to contract management processes, basic elements and formation, as well as contract performance, dispute resolution and intellectual property. The course also examines in detail the Uniform Commercial Code as it relates to basic contract law to help students who engage in commercial transactions understand its applicability. This online course gives you the tools to understand the entire procurement process – from contract definitions and source selection to contract management and administration.
57.5 PDUs | 8 Continuing Education Units
80 Military Clock Hours | 10 Military Clock Hours Per Week
Who Should Register?
Essentials of Commercial Contract Management is designed for contract administrators in the public sector who would like to strengthen their negotiation, process and practical skills to secure the best possible results for their organization.
Course offerings and associated prices are subject to change without prior notice. Pricing for multi-course certificate programs varies depending on course selection. View the Professional Education Catalog for more information on the courses and programs.
What You’ll Study
Overview
- Agile Methodology
- Commercial Transactions
- Commercial Forms
- UCC
- Terminology
- Employer Agreements
Contract Formation
- Offer
- Acceptance
- Consideration
- Concepts
- Enforcement
Proposal Analysis
- Contract Remedies
- Performance and Scope
- Short/Long Term Risks
Principal and Agency
- Creation and Terminology
- Rights, Duties and Remedies
- Agents and Relationships
- Employer and Employee
Property Law
- Real Property
- Personal Property
- Commercial Paper
- Intellectual Property
Dispute Resolution
- Resolution of Disputes, Part 1, 2 & 3
Miscellaneous Legal Topics
- Export Control
- Business Ethics
- Payments
- Bonds
- Warranty
Curriculum
8 Week Course
Week 1: Introduction to UCC and Article 1
- Describe the foundations of law and the history of the court system
- Identify key terms related to UCC
- Explain how the UCC functions
- Describe the content of Article 1 of the UCC
Week 2: Transactions of Goods
- Explain the offer process and what qualified as the terms of the offer
- Describe the requirements of acceptance
- Explain the formation of a contract and Good Faith Purchasers
- Define the role of Performance, Breach, and Remedies
Week 3: Lease of Goods
- Describe the main aspects of a lease
- Interpret contractual provisions, rules, and special situations
Week 4: Negotiable Instruments
- Define the negotiation, transfer, and indorsement process
- Describe enforcement of instruments
- Explain liabilities of parties and payment
Week 5: Bank Deposits, Collections and Funds Transfer
- Describe the relationship between principals and third parties and between agents and third parties
- Explain principals’ and agents’ roles regarding their duties and remedies
- Define funds transfers
Week 6: Letters of Credit
- Define the key terms associated with letter of credit
- Describe remedies
Week 7: Bulk Sales and Documents of Title
- Describe the role of creditor and transferor in bulk sales
- Explain the relationship between the bailor and bailee
Week 8: Investment Securities and Security Transactions
- Describe the function of investment securities
- Define personal property and creditor transactions
If you’re going to pay by credit card, you can either get started with installment payments or pay in full. Just let your enrollment representative know the option that works best for you.
Corporate Tuition Assistance
-
Corporate TA
Corporate tuition assistance is paid by your employer. You will need to provide appropriate forms for processing, prior to enrollment. Subject to employer benefit policies.
-
Deferred Corporate TA
Pay tuition now and have your employer reimburse you. Additional documentation will be needed to process this payment. Subject to employer benefit policies.
Military Benefits
Active Duty
Villanova offers a 15% savings, per certificate course, to active-duty servicemembers, Guardsmen and Reservists (upon verification of military status).
Veterans
Villanova offers a 15% savings, per certificate course to veterans (upon verification of military status). You may also use your Department of Veterans Affairs (VA) education benefits for many of Villanova’s 100% online non-credit programs, based upon your individual eligibility.
Spouses and Dependents
Villanova offers a 15% savings, per certificate course, to active-duty servicemembers, veterans, Guardsmen, Reservists and their spouses and dependents (upon verification of military status).
This reduction is valid off the standard tuition fee rate of the listed courses offered by Villanova University with online administration by Bisk. This reduction is not stackable with other reductions, and you may not use this reduction in conjunction with other reductions.
