In Australia and many other countries, contract law refers to the legal guidelines that regulate agreements between parties. A contract is usually legally binding when the following features are present: an agreement (offer and acceptance); consideration (stipulated return for what is received); intention to form a legal relationship (parties have the intention of legal consequences); and capacity of contractual parties (ability of parties to enter into the contract). However, the nuances of contract law vary substantially depending on the country. When conducting business internationally, often the Contracts for the International Sale of Goods (CISG) treaty is applied. This treaty, or formal agreement between states, ensures there is a uniform standard of laws to follow for the contracting parties regardless of their own domestic contract laws. Throughout this online micro-credential, you will learn not only about the fundaments of contract law in general but also about the CISG and how it applies to your business when conducting international business. You will also learn about the means of payment and digital sales.

This online micro-credential provides a non-creditable micro-credential and digital badge which can be shared to your social networks and displayed in your professional portfolio.

Career Opportunities

Undertaking this micro-credential enables students to meet their Continuing Professional Development obligations and industry update requirements in their profession. Upon successful completion of the micro-credential, students will be awarded Continuing Professional Development (CPD) hours, a non-creditable micro-credential (Digital Badge) and a Certificate of Completion.

Course Learning Outcomes

1. Identify the key features of a legally binding contract
2. Outline the role of the International Sale of Goods (CISG) treaty when conducting contractual arrangements internationally
3. Describe the means of payment and digital sales for international contracts.

Assessment

Online Quiz

Award

Digital Badge via Credly

Students can also download a Certificate of Completion, share to social media or add to a professional portfolio.