Legal Jurisprudence Review of the Type of Civil Liability in Letter of Credit
Today, the payment of prices in international trade is done with letters of credit. Examining the status of this type of payment method and its compliance with jurisprudential and legal institutions shows the importance of the issue of civil liability around letters of credit. Our rights are largely derived from jurisprudence. In some cases, in line with European law, there is a tendency towards financial compensation, but in jurisprudence, there is a tendency towards objective compensation. The question is what kind of civil liability is in documentary credit? To fulfill civil liability, the harmful act in coercive guarantee and breach of contract are considered. Due to the absence of a contract between the beneficiary and the bank, the non-contractual beneficiary and other responsibilities are subject to the rules of contractual liability and the principles governing letters of credit. The present study is conducted by descriptive-analytical method.
- حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران میشود.
- پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانههای چاپی و دیجیتال را به کاربر نمیدهد.