Learn to read, understand, and create business contracts with the Commercial and Contract Law certification by Getsmarter and the University of Cape Town.
Understanding of contract and commercial law is essential for running a business in South Africa. The Commercial and Contract Law online course Introduces the legal system of South Africa, as well as provides an overview of contract law and a more in-depth knowledge of the Fair Trading and consumer protection Act. Business law is concerned with the acquisition and sale of products and services, as well as abstract elements such as rights of intellectual property.
Contract law is the legal framework that allows persons and legal organizations to negotiate and exchange property. The Commercial and Contract Law certification by Getsmarter and the University of Cape Town covers the prerequisites for commercial legality as well as the responsibilities and conditions of a contract. The course helps in the development of skills and information required to identify, solve, and propose solutions to contracting problems within commerce.
The Commercial and Contract Law certification syllabus covers the fundamental skills required to prevent wrong decisions and negotiate the best outcomes for the organisation, personal life, or clients. The program teaches students to develop an understanding of the numerous subtleties of negotiating with various sorts of businesses and how to settle contractual issues.
Note: Kindly note that the course fee can vary. Please visit the official website for the latest updates.
Installment Plan
1st installment
Required before:
2025-01-28
Amount Due:
₹25,626.00 INR
2nd installment
Required before:
2025-02-27
Amount Due:
₹25,626.00 INR
3rd installment
Required before:
2025-03-29
Amount Due:
₹25,626.00 INR
Eligibility Criteria
Certification Qualifying Details
To qualify for the Commercial and Contract Law certification from UCT in partnership with course provider Getsmarter, candidates should complete all the requirements listed in the course handbook which includes submission of projects, completion of the assignment, minimum attendance, and participation in the case study, quizzes, and polls. A series of practicals and assignments are used to assess the candidate’s progress. The candidate must meet all the listed requirements to qualify for certification.
What you will learn
Financial knowledgeKnowledge of law
After completing the Commercial and Contract Law online training, Candidates will learn to analyse, evaluate, and construct agreements in the South African corporate environment. Candidates will learn how to supervise all contract business choices and certify their authenticity and obtain a thorough grasp of the Consumer Protection Act in order to guarantee that the organization follows its guidelines and restrictions.
Anyone who wants to learn Financial Management should learn techniques that can be applied across a wide range of industries and professions.
Insurance brokers, publishers, business owners, bankers, asset managers, and employment agents who wish to understand the regulatory structures of South African enterprises.
Professionals who wish to extend their knowledge of the law and gain the ability to advise business managers and owners on contractual decisions.
These professionals could also be:
Manager
Entrepreneur
Operations Manager
Product Manager
Project Manager
Financial Advisor
Financial Planner
Admission Details
The admission process of Commercial and Contract Law is online and very easy, candidates will have to follow the steps outlined below:
Open the official getsmarter course page.
Proceed to the registration process by clicking the ‘Register Now’ button
Agree with the provider’s terms and condition and apply coupon code
Create a profile on the getsmarter education platform by filling in details
Provide the billing address and optional sponsor details
Pay the program cost and start using preferred payment options and start online training.
Application Details
Candidates who wish to apply for the Commercial and Contract Law certification course must fill in their personal details (First and last name, email id) and create a new password for their profile. Then they can proceed to the billing.
The Syllabus
Discuss how the law of contract developed from Roman, Roman-Dutch, and English roots into a constitutional era
Summarise the sources of South African law
Demonstrate an understanding of how commercial and contract law fits into the South African legal system
Describe the courts of the Republic, doctrine of the stare decisis, interpretation, and court judgements
Outline the branches or divisions of South African law
List the differences between private and public law
Identify the various essential elements of a contract
Demonstrate an understanding of key contractual terminology
Interpret the variety of legal issues that can affect the existence of the contractual elements and how the contractual relationship will be affected
Solve practical problems with regards to the negotiation and formation of a contract
Analyse a contract to see whether it is valid
Identify the various contractual terms and when they are used
Distinguish the core differences between express, tacit, and implied terms
Differentiate between essentialia, naturalia, and incidentalia, and between contractual terms and obligations
Discuss the implications of adding specific conditions in a contract
Draft basic contractual clauses
Interpret the content of a contract
Assess the ways in which a contract can be breached
Discuss the nature and scope of the various remedies available in law when a contract is breached
Analyse a contract to see whether it has been breached, how it has been breached, and methods to remedy the breach
Differentiate between the provisions of the Consumer Protection Act (CPA) and the common law principles
Categorise the different consumer rights
Analyse the different dispute resolution forums and options
Debate the rules, principles, and exceptions of the CPA
Assess the validity of contractual clauses
Propose alternative contractual clauses (reformulate provided contractual clauses)
Differentiate between a contract of sale and a contract of lease
Recommend action a tenant can take to ensure the enforcement of their statutory rights
Analyse a contract of lease and correct any incorrect clauses
Deduce and advise a purchaser of their statutory rights
Distinguish when to use the methods of transfer of ownership in a contract of sale
Discuss the requirements that have to be satisfied for essential elements to exist in contracts of insurance and agency
Differentiate the insurance contract and the agency contract from other forms of contracts
Review the essential elements of a valid contract of agency
Compare the different types of business entities
Contrast the advantages and disadvantages of a particular type of business entity
Recommend a business entity for a client’s specific business and legal needs
Interpret the legal requirements for contracting validly with each business entity
Assess the validity of a contract entered into with a business entity
Identify the different types of pleadings (for example, summon, plea)
Outline the content that should be included in pleadings
Choose which claims should be lodged in which courts (jurisdiction)
Differentiate between the different types of alternative civil dispute resolution options
Investigate the distinguishing elements of each alternative dispute resolution
Recommend a dispute resolution option that will be best suited to a client’s needs and circumstances
Evaluate the instructions received from a client
Select the applicable laws specific to each type of contract
Create (draft) a contract on the specific instructions of a client, tailored to their specific needs and requirements from start to finish
UCT Cape Town Frequently Asked Questions (FAQ's)
1: What are the 3 elements of a contract?
Offer, Acceptance, and Consideration are the 3 elements of a contract.
2: What are the 4 types of contract?
Lump-sum, cost plus, unit price, and material contract are the 4 types of contract.
3: What is a valid contract?
In a valid contract, 2 or more parties involved in the deal are legally required to fulfill their contractual responsibilities or commitments.
4: What does commercial law involve?
Commercial law deals with legal issues that might arise in managing a business and performing economic activities.
5: What are the 4 types of law?
The four types of law include contract law, criminal law, property law, and tort law.
6: How long would it take me to complete the Commercial and Contract Law online course?
The course will take 9 weeks to complete. The candidate will have to dedicate 10 - 12 hours per week to the program.
7: What is the mode of teaching for the Commercial and Contract Law training course?
The course is taught via online mode. There will be online instructional material, peer learning, experienced facilitators who can resolve doubts during weekly class-wide forums, small group discussions, live polls, video lectures, quizzes, infographics, projects, and real-world case studies.