LAW 7631E - Contract Drafting and Risk Analysis.

3 Credit Hours

Description
This is an elective course. Business transactions require well-crafted contracts that properly reflect and clarify the parties’ intentions and anticipate various outcomes to the transaction, including counter-party risk assessment and risk transfer. Lawyers and businesspeople together must think these things through. This course will focus on anticipating and providing for contingencies, securing value in and licensing intellectual property, examining choices and options for the deal, obtaining collateral to secure the performance; consider appropriate contract forms; and address risk, liability indemnity and insurance to protect and accomplish the business purpose Students will draft and assess contracts (both actual and fictional) for goods, services, secured transactions, real estate, construction, and international contracts to illustrate the application and range of contract and risk practice.