Executive Certificate in Classification & Enforceability of Contracts

Executive Certificate in Classification & Enforceability of Contracts

•  Contract classification is fundamental to determining the legal nature, rights, obligations, and remedies available under an agreement. 
•  This subject examines how contracts are categorized based on their purpose, structure, consideration, performance obligations, and governing legal principles. 
•  It explores the essential requirements that influence whether a contract is legally valid, binding, enforceable, or subject to specific limitations. 
•  The course also addresses common issues relating to contractual interpretation, breach, termination, validity, and enforceability before courts and other dispute-resolution forums. 
•  By developing a structured understanding of contract classification and enforceability, the subject helps professionals evaluate contractual risks and make more informed legal and commercial decisions.

I. General Contract Law (Foundational Types)
(Principally under Indian Contract Act, 1872)
A. Based on Validity
Valid Contract/ Void Contract/ Voidable Contract/ Illegal Contract/ Unenforceable Contract
B. Based on Formation
Express Contract/ Implied Contract/ Quasi Contract/ E-Contract/ Click-Wrap Agreement/ Browse-Wrap Agreement /
Shrink-Wrap Agreement
C. Based on Performance
Executed Contract / Executory Contract/ Unilateral Contract/ Bilateral Contract/ Contingent Contract

Classification of contracts based on formation, validity, performance, and legal effect.

 Essential elements required for a legally enforceable contract. 

 Contractual interpretation, obligations, conditions, warranties, and representations. 

 Breach of contract, termination, indemnities, damages, and other remedies. 

 Practical assessment of enforceability risks in commercial agreements.