--- To enhance the value and performance of procurement and SCM practitioners and their organizations worldwide ---

1 year access to Introduction to Legal Considerations in the Purchasing Process - 3952-2

Non-Member Price:$129
Member Price:$89

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You are registering for one year of access to this Knowledge Center course, starting the date of purchase.

1.5 CEHs

Establishing and managing business relationships with other organizations is a key purchasing responsibility. The legal requirements for conducting the requisite activities are complex and include laws in the areas of contracts, agency and antitrust, to name a few. Therefore, purchasing and supply management professionals need to know their legal rights, responsibilities and obligations to protect themselves and their organizations. While they must understand applicable laws in the country in which they are located, they also must be aware of laws in the suppliers' countries when sourcing internationally.

This course provides you with an introduction to legal considerations in the purchasing process so that you will be able to:

  • LO1: Recognize legal considerations related to the purchasing process
    • Law of agency
    • Contract law
    • UCC and CISG
    • Other applicable laws
  • LO2: Define legal requirements for valid contract
    • Offer and acceptance
    • Consideration
    • Competent parties
    • Legality of purpose

Remember: All Knowledge Center courses are active for one year from the date of purchase.

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