Protect your business against legal problems with well-written contracts. Many construction or remodeling companies are too small to hire full-time legal staff so it's important to understand basic contract law. This course provides a step-by-step explanation of how contracts sustain positive customer and supplier relations, provide for resolution of disputes, and minimize the risk of litigation. You will learn about mandatory and optional provisions, warranties, and arbitration procedures. Special emphasis is given to troubleshooting contracts for unfavorable positions. As a graduate of this course, you will be able to:
  • Identify the basic elements of a contract
  • Identify the benefits and advantages of written contracts
  • Define the guiding principles of contract interpretation
  • Define and distinguish between the different elements of a sales agreement
  • Identify the risks of building on the customer’s lot

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