Course Details

Commercial Law for Non-Legal Professionals Training Course

INTRODUCTION

This essential training course provides a practical and accessible introduction to Commercial Law for professionals across all business functions, specifically designed for those without a legal background. In today's dynamic marketplace, a foundational understanding of commercial legal principles is crucial for making informed decisions, mitigating risks, and ensuring business success. This program demystifies complex legal concepts, offering clear guidance on contracts, intellectual property, consumer protection, and business structures. Participants will gain the confidence and knowledge to navigate commercial transactions, identify potential legal pitfalls, and contribute effectively to their organization's legal compliance and strategic goals.

DURATION

5 days

TARGET AUDIENCE

This course is ideally suited for professionals from various departments and industries who need a practical understanding of commercial law, including:

• Business owners, entrepreneurs, and start-up founders.
• Sales and Marketing Managers.
• Procurement and Supply Chain Professionals.
• Project Managers and Team Leaders.
• Finance and Accounting Professionals.

OBJECTIVES

Upon completion of this course, participants will be able to:

• Understand the fundamental principles of commercial law and its relevance to business operations.
• Identify key legal considerations in commercial transactions and agreements.
• Recognize and mitigate common legal risks in business dealings.
• Interpret basic legal clauses and terms in commercial documents.
• Communicate more effectively with legal professionals on commercial matters.

MODULES

Module 1: Foundations of Commercial Law

• Define Commercial Law and its scope in regulating business transactions.
• Explore the relationship between commercial law and other areas of law (e.g., contract law, consumer law).
• Discuss the importance of legal certainty and predictability in commercial dealings.
• Understand the role of dispute resolution in commercial contexts.
• Examine ethical considerations in commercial practice.

Module 2: Basics of Contract Law for Business

• Identify the essential elements of a legally binding commercial contract (offer, acceptance, consideration, intention).
• Discuss different types of commercial contracts (e.g., sales, service, supply, agency).
• Understand the implications of express and implied terms in contracts.
• Explore the consequences of breach of contract and common remedies.
• Learn to identify key clauses in commercial agreements.

Module 3: Sale of Goods and Services

• Understand the legal principles governing the sale of goods (e.g., implied terms, passing of title and risk).
• Discuss consumer protection laws relevant to the sale of goods and services.
• Explore legal aspects of service agreements and professional negligence.
• Examine product liability and safety regulations.
• Address international considerations in cross-border sales.

Module 4: Intellectual Property Fundamentals

• Define intellectual property (IP) and its various forms (e.g., trademarks, copyrights, patents, trade secrets).
• Understand how to protect an organization's intellectual property assets.
• Discuss the implications of IP infringement and how to avoid it.
• Explore licensing agreements and IP assignments.
• Recognize the value of IP in commercial strategy.

Module 5: Business Structures and Company Law Basics

• Understand different legal structures for businesses (e.g., sole proprietorship, partnership, limited company).
• Discuss the key characteristics and liabilities associated with each structure.
• Explore basic concepts of company formation, governance, and shareholder rights.
• Examine the duties of directors and corporate responsibility.
• Learn about legal considerations for mergers, acquisitions, and joint ventures.

Module 6: Competition Law and Fair Trading

• Introduce the fundamental principles of competition (antitrust) law.
• Understand prohibited anti-competitive practices (e.g., price-fixing, market sharing, abuse of dominance).
• Discuss the legal implications of dominant market positions.
• Explore laws related to unfair trading practices and misleading advertising.
• Recognize red flags in competitive interactions and how to ensure compliance.

Module 7: Consumer Protection Laws

• Understand the legal rights of consumers in commercial transactions.
• Discuss laws related to product safety, warranties, and consumer guarantees.
• Explore regulations on advertising, pricing, and unfair contract terms.
• Examine data privacy obligations when dealing with consumer information.
• Address processes for handling consumer complaints and disputes.

Module 8: Navigating Commercial Disputes and Risk Mitigation

• Identify common causes of commercial disputes.
• Discuss different methods of dispute resolution (e.g., negotiation, mediation, arbitration, litigation).
• Explore strategies for proactively mitigating legal risks in commercial agreements.
• Understand the importance of clear record-keeping and documentation.
• Learn when to seek legal advice and how to effectively collaborate with legal professionals.

CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com