A new view on the nature of guarantee contract in the light of concept and aim of its legalization

Abstract:
There are two viewpoints on the nature of guarantee contract. Considering that the Shiite jurisprudents (Foqaha)`s view on the purpose of legalizing guarantee contract is based on kindness and favor to the debtor, they regards contract of guarantee as a transferor of obligation. Accordingly, when the mentioned contract takes place, the debtor`s obligation is cleared but the guarantor is indebted. Consequently, any clause which causes the debtor`s obligation to continue after his guaranty, nullifies the clause and the contract. By comparison, the Sunni jurisprudents believe that the aim of legislating a guarantee contract is protecting a creditor, and a guarantee creates an additional obligation for him. Therefore, as the contract of guarantee happens, the creditor has a right of return to two persons in order to demand his own due instead of one person.
Hence, I am studying this question in this paper: what is the purpose of legislating a guarantee contract? what is the nature of the mentioned guarantee? It can be summarized that the aim of legislating a guarantee is dong a favor the debtor and transferring an obligation is according to being absolute of a guarantee contract not in its nature. For this reason, there may be a joint liability where a contract is concluded with a condition. Paying attention to the literal concept of guarantee which is synonymous with placing and including something as a part of group, shows the bail aspect of guarantee as suretyship and security. However, there is no doubt that suretyship and security are the third party`s doing favor.
Language:
Persian
Published:
Journal of fiqh, Volume:22 Issue: 85, 2017
Pages:
37 to 64
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