The anticipatory and partial payment of the promissory note in international commerce Cover Image

Plata anticipată şi parţială a cambiei în comerţul internaţional
The anticipatory and partial payment of the promissory note in international commerce

Author(s): Laurenţiu Novac-Diaconu
Subject(s): Law, Constitution, Jurisprudence
Published by: Editura Universităţii George Bacovia din Bacău România
Keywords: payment; anticipatory; partial; promissory note

Summary/Abstract: The drawee can pay in anticipation in the international commerce only with the agreement of the possessor of the promissory note. Because payment before the due date is not governed by the rules of the Promissory Note Law, the drawee pays at his own risk. The partial payment at the due date from the promissory Law is a waiver from the principle of common law according to which the creditor can refuse the partial payment. There is considered in the Promissory Law the situation of the debtors in regress, whose assurance to the rest of the unpaid sum is restrained after the partial payment

  • Issue Year: II/2013
  • Issue No: 1
  • Page Range: 227-257
  • Page Count: 31
  • Language: English