SETTLEMENT OF PECUNIARY OBLIGATIONS BY COMMERCIAL PAPERS IN THE PERIOD OF CURRENT ECONOMIC CRISIS THE PROMISSORY NOTE
The development of international trade has had as a consequence the expansion of possibilities of paying debt arising from the contractual relations and by exploiting the function of a payment instrument of debt securities. In this context it can be affirmed that the payment instruments meet the monetary functions, meaning that the creditor of the payment in a legal relation may be sated by using such an inscription, or he could deliver himself such an instrument to the payment debtor, establishing to him the obligation to pay at maturity the amount of the contract.
Year of publication: |
2013
|
---|---|
Authors: | BULEARCA, Alexandru |
Published in: |
Internal Auditing and Risk Management. - Facultatea de Ştiinţe Economics. - Vol. 2.2013, 30, p. 210-222
|
Publisher: |
Facultatea de Ştiinţe Economics |
Subject: | payment | payment instruments | debt securities | promissory note |
Saved in:
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