Business Law and Management: Contracts and Internal Regulations
About the Course
Strengthen your ability to understand the legal implications of management decisions and contractual relationships.
This course covers reading contracts and internal regulations and identifying obligations, authority, and risks, with an emphasis on drafting, documentation, and follow-up.
Practical exercises help you identify matters requiring action or specialist review and improve coordination between managers and legal professionals before procedures are approved or documents are signed.
Case studies examine how a seemingly minor ambiguity in the scope of work or signing authority can lead to a dispute during implementation.
Who Is This Course For?
- Department managers, business owners, and entrepreneurs.
- Contracts, procurement, HR, and administration professionals.
- Legal, governance, and organizational compliance personnel.
Topics covered:
- The relationship between law and management and sources of workplace obligations, distinguishing statutory and contractual duties from internal policy requirements.
- Authority, representation, delegation, and responsibility for decisions and signatures, checking delegation limits and supporting documents before approving an action.
- Essential contract elements, scope, obligations, consideration, and deadlines, clarifying definitions, deliverables, acceptance criteria, and amendment mechanisms.
- Breach, termination, confidentiality, liability, and dispute resolution clauses, analyzing potential ambiguities or conflicts between related provisions.
- Developing internal regulations and policies consistent with applicable rules, defining scope, responsibilities, exceptions, approval routes, and update procedures.
- Documenting procedures and correspondence, preserving evidence, and tracking contractual obligations, maintaining records of deadlines, deliverables, notices, and required approvals.
- Identifying legal risks and deciding when to escalate an issue or seek specialist review, framing a clear question supported by the relevant facts, documents, and decision requirements.
- A workshop on reviewing a contract and internal regulations and translating findings into management actions, identifying amendments, questions, and responsible parties before final approval.
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