Businesses large and small and their lawyers deal with contracts all the time. The two main roles of a contract are to: (1) clearly lay out the agreement between the parties and (2) allocate risks and rewards between the parties. Thus, it is important to be able to review/revise or draft a contract that best serves the needs of and protects your company or client.
The program does not cover Chinese or U.S. contract law, but rather covers a wide variety of basic contract issues, including: the typical parts of a contract and what should be included in those parts; the common concepts used in a contract to lay out the agreement (e.g. representations, warranties, covenants, conditions, and declarations); the use and misuse of "shall;" contract termination; remedies for breach of contract; dispute resolution; how to avoid ambiguity; the use and abuse of form contracts; the use of Plain English in a contract (such as short paragraphs and sentences, active or passive voice); consistent use of terms throughout the contract; translation issues; and common mistakes in contract drafting. The intended audience is business people and young lawyers who want to understand the fundamentals of contract drafting/reviewing.