Elements and Performance Criteria
- Identify key features of contracts
- Contracts are analysed and parties involved in each contract are identified.
- Legal nature and elements of contracts, terms and obligations are identified in accordance with contract law.
- Conditions, warranties and contingencies identified in the contract are differentiated.
- Circumstances and consequences of terminating contracts are identified.
- If contractual rights have been assigned, assignment is confirmed as valid in accordance with applicable legal principles.
- Assess contracts for eligibility and liability
- Contracts are analysed in accordance with criteria using a legislative decision making process.
- Eligibility or liability of contracts is confirmed or denied in accordance with applicable statute law and case law.
- Decisions are made and notified to customers in accordance with organisational policy and procedures.
- Identify key features of contracts
- Contracts are analysed and parties involved in each contract are identified.
- Legal nature and elements of contracts, terms and obligations are identified in accordance with contract law.
- Conditions, warranties and contingencies identified in the contract are differentiated.
- Circumstances and consequences of terminating contracts are identified.
- If contractual rights have been assigned, assignment is confirmed as valid in accordance with applicable legal principles.
- Assess contracts for eligibility and liability
- Contracts are analysed in accordance with criteria using a legislative decision making process.
- Eligibility or liability of contracts is confirmed or denied in accordance with applicable statute law and case law.
- Decisions are made and notified to customers in accordance with organisational policy and procedures.