Compensation – the balance of a debt Cover Image
  • Price 4.50 €

Compensaţia – balanţa unei creanţe
Compensation – the balance of a debt

Author(s): Daniel Catalin Velicu
Subject(s): Law, Constitution, Jurisprudence
Published by: C.H. Beck Publishing House - Romania
Keywords: Compensation; the principle of subjective civil rights protection; economic blockade

Summary/Abstract: Compensation is and remains a basic legal institution in matter of obligations through the respect of legal relations signed in a community. At the same time, it is an application of the principle of subjective civil rights protection by providing a viable alternative to the creditor, if the price is not paid by the debtor, thereby avoiding a deadlock economic background of the cash flow which is low for most companies. Being an alternative to payment, regardless of socio-political system and the nature of the obligations offsetting compensation, through compensation a person’s patrimony is respected.

  • Issue Year: 2014
  • Issue No: 03
  • Page Range: 135-139
  • Page Count: 5
  • Language: Romanian