Northeast Wisconsin Technical College
10-110-165 059671 Contracts and Insurance Law
Outline of Instruction

Course Information
Description10-110-165 CONTRACTS AND INSURANCE LAW ...explore contract formation, breach of contract, defenses to contract, parol evidence rule, statue of frauds, and warranties. Examine insurance law including insurable interests, insurer's duty to defend, subrogation, and bad faith claims. (Associate Degree Prerequisite: 10-110-101, Paralegal Intro/Legal Ethics with a "C" or better; Technical Diploma Corequisite: 10-110-101, Paralegal Intro/Legal Ethics)
Total Credits3
Prior Learning Assessments
None
Course Competencies
  1. Distinguish between the common law of contracts and contracts formed under the Uniform Commercial Code
  2. Identify the elements of a valid contract
  3. Differentiate between different contract classifications
  4. Examine issues related to the formation of common law contracts
  5. Explore the nature of consideration
  6. Determine whether mutual assent exists and explore defenses to it
  7. Identify situations in which capacity to contract is lacking
  8. Determine whether the underlying subject matter of the contract is legal
  9. Identify the types of contracts which must be in writing under the Statute of Frauds
  10. Examines issues related to the performance and discharge of contracts
  11. Distinguish between equitable and legal remedies available to parties
  12. Develop a framework for drafting a contract
  13. Examine basic principles of insurance and the nature of risk
  14. Identify the duties and powers of the Wisconsin Insurance Commissioner
  15. Examine the insurer's duty to defend, subrogation issues, and bad faith claims
  16. Explore career opportunities for paralegals in the insurance industry